EXHIBIT 8  LIST OF SUBSIDIARIES  Primary Operating Area
  
  Country of
  incorporation
  
  Direct
  
  Indirect
  
  TotalCorporate & Investment BankingEthniki Leasing S.A.
  
  Greece
  
  93.33
  %
  6.67
  %
  100.00
  %NBG International Ltd.
  
  UK
  
  100.00
  %
  
  
  100.00
  %NBG International Inc. (NY)
  
  USA
  
  
  
  100.00
  %
  100.00
  %Eterika Plc(1)
  
  UK
  
  
  
  
  
  Retail BankingRevolver APC Limited(1)
  
  UK
  
  
  
  
  
  Revolver 2008-1 PLC(1)
  
  UK
  
  
  
  
  
  InternationalThe South African Bank of Athens Ltd.
  
  South Africa
  
  94.32
  %
  5.35
  %
  99.67
  %National Bank of Greece (Cyprus) Ltd.
  
  Cyprus
  
  100.00
  %
  
  
  100.00
  %National Securities Co (Cyprus) Ltd.
  
  Cyprus
  
  
  
  100.00
  %
  100.00
  %NBG Management Services Ltd.
  
  Cyprus
  
  100.00
  %
  
  
  100.00
  %Stopanska Banka
  A.D. (Skopje)
  
  FYROM
  
  73.04
  %
  
  
  73.04
  %United Bulgarian Bank ADSofia (UBB)
  
  Bulgaria
  
  99.91
  %
  
  
  99.91
  %UBB Asset Management
  
  Bulgaria
  
  
  
  99.92
  %
  99.92
  %UBB Insurance Broker
  
  Bulgaria
  
  
  
  99.93
  %
  99.93
  %Interlease E.A.D.
  
  Bulgaria
  
  100.00
  %
  
  
  100.00
  %Interlease Auto E.A.D.
  
  Bulgaria
  
  
  
  100.00
  %
  100.00
  %ETEBA Bulgaria A.D.
  
  Bulgaria
  
  92.00
  %
  8.00
  %
  100.00
  %Banca Romaneasca SA
  
  Romania
  
  89.07
  %
  
  
  89.07
  %NBG Leasing IFN SA
  (former EURIAL Leasing SA.)
  
  Romania
  
  100.00
  %
  
  
  100.00
  %Vojvodjanska Banka a.d. Novi Sad
  
  Serbia
  
  100.00
  %
  
  
  100.00
  %NBG Leasing d.o.o. Belgrade
  
  Serbia
  
  100.00
  %
  
  
  100.00
  %NBG Services d.o.o. Belgrade
  
  Serbia
  
  
  
  100.00
  %
  100.00
  %Turkish OperationsFinansbank AS
  
  Turkey
  
  77.21
  %
  17.58
  %
  94.79
  %Finans Leasing
  
  Turkey
  
  2.55
  %
  56.16
  %
  58.71
  %Finans Invest
  
  Turkey
  
  0.20
  %
  94.51
  %
  94.71
  %Finans Portfolio Management
  
  Turkey
  
  0.01
  %
  94.70
  %
  94.71
  %Finans Investment Trust
  
  Turkey
  
  5.30
  %
  77.85
  %
  83.15
  %Finans (Malta) Holdings Ltd.
  
  Malta
  
  
  
  94.79
  %
  94.79
  %Finansbank (Malta) Ltd.
  
  Malta
  
  
  
  94.79
  %
  94.79
  %IB Tech
  
  Turkey
  
  
  
  94.60
  %
  94.60
  %Finans Tuketici Finansmani A.S.
  
  Turkey
  
  
  
  94.79
  %
  94.79
  %Global Markets & Asset ManagementNational P&K Securities S.A.
  
  Greece
  
  100.00
  %
  
  
  100.00
  %NBG Asset Management Mutual Funds S.A.
  
  Greece
  
  81.00
  %
  19.00
  %
  100.00
  %NBG Greek Fund Ltd.
  
  Cyprus
  
  100.00
  %
  
  
  100.00
  %NBGI Private Equity Ltd.
  
  UK
  
  
  
  100.00
  %
  100.00
  %NBGI Private Equity S.A.S
  
  France
  
  
  
  100.00
  %
  100.00
  %ETEBA Romania S.A.
  
  Romania
  
  100.00
  %
  
  
  100.00
  %NBG Luxembourg Holding SA
  
  Luxembourg
  
  94.67
  %
  5.33
  %
  100.00
  %NBG Luxfinance Holding SA
  
  Luxembourg
  
  94.67
  %
  5.33
  %
  100.00
  %NBGI Private Equity Funds
  
  UK
  
  
  
  100.00
  %
  100.00
  %CPT Investments Ltd.
  
  Cayman Islands
  
  50.10
  %
  
  
  50.10
  %NBG Finance (Dollar) Plc
  
  UK
  
  100.00
  %
  
  
  100.00
  %NBG Finance (Sterling) Plc
  
  UK
  
  100.00
  %
  
  
  100.00
  %InsuranceNBG Bancassurance S.A.
  
  Greece
  
  99.70
  %
  0.30
  %
  100.00
  %Ethniki Hellenic General
  Insurance S.A.
  
  Greece
  
  100.00
  %
  
  
  100.00
  %National Insurance Brokerage S.A.
  
  Greece
  
  
  
  95.00
  %
  95.00
  %Ethniki Insurance (Cyprus) Ltd.
  
  Cyprus
  
  
  
  100.00
  %
  100.00
  %Ethniki General Insurance (Cyprus) Ltd.
  
  Cyprus
  
  
  
  100.00
  %
  100.00
  %S.C. Garanta
  Asigurari SA
  
  Romania
  
  
  
  94.96
  %
  94.96
  %Audatex Hellas S.A.
  
  Greece
  
  
  
  70.00
  %
  70.00
  %Finans Pension AS
  
  Turkey
  
  
  
  94.79
  %
  94.79
  %OtherEthniki Kefalaiou S.A.
  
  Greece
  
  100.00
  %
  
  
  100.00
  %NBG Property Services S.A.
  (former National Mutual Fund Management  S.A.)
  
  Greece
  
  100.00
  %
  
  
  100.00
  %Pronomiouhos S.A. Genikon Apothikon
  Hellados
  (former NBG Venture Capital S.A.)
  
  Greece
  
  100.00
  %
  
  
  100.00
  %Innovative
  Ventures S.A. (I-Ven)
  
  Greece
  
  
  
  100.00
  %
  100.00
  %NBG Finance Plc
  
  UK
  
  100.00
  %
  
  
  100.00
  %ASTIR PALACE VOULIAGMENIS S.A.
  
  Greece
  
  85.35
  %
  
  
  85.35
  %GRAND HOTEL SUMMER PALACE S.A.
  
  Greece
  
  100.00
  %
  
  
  100.00
  %NBG Training Center S.A.
  
  Greece
  
  100.00
  %
  
  
  100.00
  %Ethnodata S.A.
  
  Greece
  
  100.00
  %
  
  
  100.00
  %KADMOS S.A.
  
  Greece
  
  100.00
  %
  
  
  100.00
  %DIONYSOS SA
  
  Greece
  
  99.91
  %
  
  
  99.91
  %EKTENEPOL Construction Company SA
  
  Greece
  
  100.00
  %
  
  
  100.00
  %Mortgage, Tourist
  PROTYPOS S.A.
  
  Greece
  
  100.00
  %
  
  
  100.00
  %Hellenic Tourist Constructions S.A.
  
  Greece
  
  77.76
  %
  
  
  77.76
  %Ethnoplan S.A.
  
  Greece
  
  
  
  100.00
  %
  100.00
  %Ethniki Ktimatikis Ekmetalefsis SA
  
  Greece
  
  100.00
  %
  
  
  100.00
  %NBG International Holdings BV
  
  The Netherlands
  
  100.00
  %
  
  
  100.00
  %  
 (1)Variable
Interest Entity in which the Bank has a beneficial interest