# Commission Decision (EU) 2015/1092 of 23 July 2014 on the State aid SA.34824 (2012/C), SA.36007 (2013/NN) SA.36658 (2014/NN), SA.37156 (2014/NN), SA.34534 (2012/NN) implemented by Greece for National Bank of Greece Group related to: Recapitalisation and restructuring of National Bank of Greece S.A., Resolution of First Business Bank S.A. through a transfer order to National Bank of Greece S.A., Resolution of Probank S.A. through a transfer order to National Bank of Greece S.A., Resolution of Cooperative Bank of Lesvos-Limnos, Cooperative Bank of Achaia, and Cooperative Bank of Lamia (notified under document C(2014) 5201) (Only the English text is authentic) (Text with EEA relevance), Division (11): For any sale under these commitments, the Hellenic Republic commits that:

Extent: E+W+S+N.I.

a.. The Purchaser shall be independent of and unconnected to the Bank;
b.. For the purpose of acquiring the Divestment Business, the Purchaser shall not be financed directly or indirectly by the Bank;
c.. The Bank shall, for a period of 5 years after the closing of the sale, not acquire direct or indirect influence over the whole or part of the Divestment Business without a pre-approval from the Commission.

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Source: https://www.legislation.gov.uk/eudn/2015/1092/annex/division/1/chapter/II/division/11 (the official version)
Page: https://openlegislation.uk/eu-decision-2015-1092/annex/division-1/chapter-II/division-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

