DOCSLIB.ORG

Innovative Technological Solutions, from the National Bank of Greece and Microsoft

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Innovative Technological Solutions, from the National Bank of Greece and Microsoft Innovative technological solutions, from the National Bank of Greece and Microsoft “Our partnership with Microsoft, gives us the chance to try out new technologies that we could see utilized in the future at the traditional network of branches. The com- bination of cloud computing and the interactive simplic- Customer: National Bank of Greece ity of tablet devices, gives a whole new dimension to the Web Site: www.nbg.gr Number of employees: 15.000 experience that a visitor gets at the i-bank store.” Country: Greece Nelly Tzakou, General Operations Manager at the National Bank of Greece Industry: Financial Services – Banking sector Customer’s profile The National Bank of Greece is the largest bank in Greece. With more than 562 branches and over 1485 ATMs, it covers the whole geographical region of Greece. Besides that, it develops alternative points of sale for its products, like the Mobile and Internet Banking services. Today, and after the recent takeovers The National Bank of Greece, in collaboration with Microsoft, in the region of southeastern Europe and eastern Mediterranean, the Bank’s international utilizes an innovative and interactive learning experience at the network consists of 1154 units. i-bank store, which is based on tablet-technology and cloud computing. As far as innovative solutions are concerned, both Software and Services • Microsoft Windows 7 on a design level and on a service level through the multiplex of • Microsoft Office 365 electronic banking that the i-bank store offers, the National Bank of Greece chooses an extremely modern solution for informing and teaching, a solution that is based on slates which run Microsoft’s Windows 7. Slates are ideal educational means and can provide the user with unlimited views of his chosen content, thanks to Microsoft’s SharePoint Online website from the new cloud-based productivity service – Microsoft Office 365. Business Needs i-bank stores operate today at Athens and At the start of this year, the National Bank of Thessaloniki, as well as a smaller i-bank corner For more information regarding successful Greece has created the first i-bank store at the at Thessaloniki. realizations of Microsoft’s products and “The Mall” shopping center, a concept store services to other clients, you may visit the which is considered a novelty for banking in It is a banking multiplex of fascinating following address: general, and innovative not just for Greece, architecture, which offers a unique experience www.microsoft.com/casestudies but on an international level as well. Two on electronic self-service banking through the usage of the latest modern technology. All which will run on Slates – tablet PCs running knowledge – to get accustomed with the the electronic i-bank services are presented the Windows 7 operating system – and will be execution of electronic banking transactions in a high-tech environment: Internet, Mobile, able to take advantage of all the characteristics and the follow up of educational content, in a Phone banking, ATM, Centers of automated of the devices. Microsoft has chosen “Indice” safe and easy to use environment. payments – APS, Standing orders. The visitor, for the realization of the educational either by himself or with the help of specialized application. More information employees, may explore the way that his For more information regarding Microsoft, banking transactions are executed through a Slates are an excellent solution for editing its products and services, you may visit the modern optic angle. content and interacting with it through any following address of their applications. They allow at the same http://www.microsoft.com/hellas/ Besides that, the i-bank store is a place of time the usage of the inherent security entertainment, interaction and education: characteristics of Microsoft’s Windows 7, you may take part in the presentations and like BitLocker for example, which allows the discussions that take place at the specially encryption of each user’s data. configured amphitheater, in order to get informed and exchange views in matters that It’s rather simple to navigate and extremely concern the areas of technology, economy, easy to use for users of every age, and takes modern banking services, environment and advantage of all the characteristics of the ecology. device. The application has been designed in a way that it will be able to communicate and The National Bank of Greece is trying out new synchronize with SharePoint Online, which is applications in the i-bank store, like video- an inextricable part of Microsoft Office 365. All banking, the augmented reality technology the content, which is stored inside the cloud, and the info kiosk with its touch screens. Using is presented in the application and doesn’t the same logic of innovative applications, require the launch of any external application. and always keeping in mind the interactive Moreover, the administrator of the application educational experience, the National Bank may update the content depending on the of Greece implements a pilot program in needs of the i-bank store, centrally and collaboration with Microsoft. through a way that is simple, controlled and accessible through the internet. The goal of this effort is to provide the most understandable information possible Having the aim to allow its usage by to the users, and in this case the slates will play people with special needs, we offer specific the role of the educational medium, offering characteristics, like the magnifying glass and a rich content. the support of text to speech – narration. A series of tutorials, presentations, exercises Benefits and tools are available to the users, so that The user may keep notes next to each point of they may get a fuller view on the possibilities the content that is viewed in the application, for free education that the i-bank store offers so that when his navigation ends, he may concerning modern subjects, as well as on the send the content that interests him (including usage of the electronic services of the Bank. A his notes) to his e-mail address. His personal special emphasis has been given to the ease details will remain confidential. Special care of use, so that the visitors that aren’t quite has been given so that no personal data gets familiarized with technology, may be instantly stored. able to use them. The new application, using the great The Solution advantages of mobility and directness, The National Bank of Greece collaborated with will allow the visitors of the i-bank store Microsoft for the creation of an application – regardless of the level of their digital This case study is for informational purposes only. MICROSOFT MAKES NO WARRANTIES, EXPRESS OR IMPLIED, IN THIS SUMMARY. Document published July 2011.
Load more

Recommended publications
  • Panel 3 CIVIL SOCIETY-ORGANISATIONS
    Greek Ethical Identities in Continuity and Change: A Social Networks Approach of Applied Philotimo in Economo-scape of Local Communities; the Case of Cooperative Banking Theodoros A. Katerinakis, MSc, PhD Candidate Tel: +215 895 6143, e-mail: [email protected] Department of Culture & Communication, Drexel University, 3141 Chestnut St., Philadelphia, PA 19104, USA Μail Address: 106A North 21st St., Philadelphia, PA 19103, USA Abstract: The core value of Greek philotimo derives from the root concept of kalokagathia and is manifested in the institutional and transactional ethos of Cooperative Banks in Greece. A major case study of Cooperative Bank of Chania (CBC) is presented to introducing the analytical approach of social network analysis, via UCINET, to represent membership ties and managerial ties in the second largest Greek cooperative bank. The concept of ethics in doing business is extended in a deliberate tendency to build transactional networks that enforce pre-existing social networks and stay tuned with sustainable local economies, a notion consistent with locality in multicultural Europe. Cooperative banking operates in intersection of emotional capitalism and social enterprise, as a cultural process through which new interactional- emotional scripts of economic relationships are illustrated by the cultural frames of cooperation or team work. The case of CBC of Chania shows how non-commercial ties of buyers- sellers matter in “major purchases” and insulate from crisis. Most such transactions take place among kin, friends, or acquaintances that substitute impersonal markets, especially when decisions involve high uncertainty; so common values like philotimo promote connectedness and builds trust that prevails in dealing with risk in order to make financial decisions, sustain and support them.
    [Show full text]
  • Linguistic Study About the Origins of the Aegean Scripts
    Anistoriton Journal, vol. 15 (2016-2017) Essays 1 Cretan Hieroglyphics The Ornamental and Ritual Version of the Cretan Protolinear Script The Cretan Hieroglyphic script is conventionally classified as one of the five Aegean scripts, along with Linear-A, Linear-B and the two Cypriot Syllabaries, namely the Cypro-Minoan and the Cypriot Greek Syllabary, the latter ones being regarded as such because of their pictographic and phonetic similarities to the former ones. Cretan Hieroglyphics are encountered in the Aegean Sea area during the 2nd millennium BC. Their relationship to Linear-A is still in dispute, while the conveyed language (or languages) is still considered unknown. The authors argue herein that the Cretan Hieroglyphic script is simply a decorative version of Linear-A (or, more precisely, of the lost Cretan Protolinear script that is the ancestor of all the Aegean scripts) which was used mainly by the seal-makers or for ritual usage. The conveyed language must be a conservative form of Sumerian, as Cretan Hieroglyphic is strictly associated with the original and mainstream Minoan culture and religion – in contrast to Linear-A which was used for several other languages – while the phonetic values of signs have the same Sumerian origin as in Cretan Protolinear. Introduction The three syllabaries that were used in the Aegean area during the 2nd millennium BC were the Cretan Hieroglyphics, Linear-A and Linear-B. The latter conveys Mycenaean Greek, which is the oldest known written form of Greek, encountered after the 15th century BC. Linear-A is still regarded as a direct descendant of the Cretan Hieroglyphics, conveying the unknown language or languages of the Minoans (Davis 2010).
    [Show full text]
  • The Question of Northern Epirus at the Peace Conference
    Publication No, 1. THE QUESTION OF NORTHERN EPIRUS AT THE PEACE CONFERENCE BY NICHOLAS J. CASSAVETES Honorary Secretary of the Pan-Epirotie Union of America BMTKB BY CAEEOLL N. BROWN, PH.D. *v PUBLISHED FOR THE PAN-EPIROTIC UNION OF AMERICA ? WâTBB STREET, BOSTOH, MASS. BY OXFORD UNIVERSITY PRESS AMERICAN BRANCH 85 WEST 32ND S1REET, NEW YÛHK 1919 THE PAN-EPIROTIC UNION OF AMERICA GENERAL COUNCIL Honorary President George Christ Zographos ( Ex-president of the Autonomous State of Epirus and formes Minister of Foreign Affairs of Greece) Honorary Secretary Nicholas J. Cassavetes President Vassilios K. Meliones Vice-President Sophocles Hadjiyannis Treasurer George Geromtakis General Secretary Michael 0. Mihailidis Assistant Secretary Evangelos Despotes CENTRAL OFFICE, ? Water Street, Room 4Î0, BOSTON, MASS. THE QUESTION OF NORTHERN EPIRUS AT THE PEACE CONFERENCE BY NICHOLAS J. CASSAVETES Honorary Secretary of the Pan-Bpirotic Union of America EDITED BY CARROLL N. BROWN, PH.D. PUBLISHED FOR THE PAN-EPIROTIC UNION OF AMERICA 7 WATER STREET, BOSTON, MASS. BY OXFORD UNIVERSITY PRESS AMERICAN BRANCH 85 WEST 82ND STREET, NEW YORK 1919 COPYIUQHT 1919 BY THE OXFORD UNIVERSITY PKKSS AMERICAN BRANCH PREFACE Though the question of Northern Epirus is not pre­ eminent among the numerous questions which have arisen since the political waters of Europe were set into violent motion by the War, its importance can be measured neither by the numbers of the people involved, nor by the serious­ ness of the dangers that may arise from the disagreement of the two or three nations concerned in the dispute. Northern Epirus is the smallest of the disputed territories in Europe, and its population is not more than 300,000.
    [Show full text]
  • The Greek Crisis and Financial Assistance Programmes: an Evaluation
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Arghyrou, Michael G. Working Paper The Greek Crisis and Financial Assistance Programmes: An Evaluation CESifo Working Paper, No. 5591 Provided in Cooperation with: Ifo Institute – Leibniz Institute for Economic Research at the University of Munich Suggested Citation: Arghyrou, Michael G. (2015) : The Greek Crisis and Financial Assistance Programmes: An Evaluation, CESifo Working Paper, No. 5591, Center for Economic Studies and ifo Institute (CESifo), Munich This Version is available at: http://hdl.handle.net/10419/123232 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content
    [Show full text]
  • Key Developments and Growth in Greek Ship-Finance June 2019
    Key Developments and Growth in Greek Ship-Finance June 2019 By Ted Petropoulos, Head, Petrofin Research. Petrofin Bank Research© presents, for the 18th year running, an overview and an in-depth analysis of the bank loan portfolios to Greek shipping, as of 31st December 2018. Petrofin wish to thank all participating banks for their steadfast support, without which this research would not have been possible. The portfolios show both the shipping loans outstanding, as well as loans committed but undrawn. The committed but undrawn loans may be viewed as an indication of each bank’s ship lending momentum and / or the extent of its involvement in newbuilding finance. Contents 1. Main Findings p. 2 2. Petrofin Index of Greek ship finance p. 3 3. Total Greek shipfinance portfolio as of end 2018 p. 5 4. Research and Analysis A. The Greek shipfinance market as of end 2018 p. 7 B. Analysis of the 3 Bank Groups p. 15 C. Newbuilding finance research p. 27 D. The Greek Shipping Syndications market p. 28 5. The outlook for 2019 and beyond p. 29 1 Petrofin Bank Research© - www.petrofin.gr June 2019 1. Main findings Highlight points of this year’s results for Greek ship finance are as follows: Bank shipfinance for Greek shipping slowed down its contraction to a rate of -1.52% during 2018 from -5.62% in 2017 and -8.77% during 2016. The Petrofin Index for Greek Shipfinance, which commenced at 100 in 2001 and peaked at 443 in 2008, fell from 327 to 322. This is a smaller fall than last year.
    [Show full text]
  • National Bank of Greece S.A
    National Bank of Greece S.A. Group and Bank Six-Month Financial Report 30 June 2018 August 2018 Table of Contents Certification of the Board of Directors ........................................................................................................................................ 3 Board of Directors Report ............................................................................................................................................................ 4 Independent Auditor’s Report ................................................................................................................................................... 25 Statement of Financial Position ................................................................................................................................................. 26 Income Statement – 6 month period ........................................................................................................................................ 27 Statement of Comprehensive Income – 6 month period .......................................................................................................... 28 Income Statement – 3 month period ........................................................................................................................................ 29 Statement of Comprehensive Income – 3 month period .......................................................................................................... 30 Statement of Changes in Equity – Group ..................................................................................................................................
    [Show full text]
  • Petrofin Bank Research – Greek Shipping
    Key Developments and Growth in Greek Ship-Finance June 2021 By Ted Petropoulos, Head, Petrofin Research ©. Petrofin Research© presents, for the 20th year running, an overview and an in-depth analysis of the bank loan portfolios to Greek shipping, as of 31st December 2020. Petrofin wish to thank all participating banks for their steadfast support, without which this research would not have been possible. The portfolios show both the shipping loans outstanding, as well as loans committed but undrawn. The committed but undrawn loans may be viewed as an indication of each bank’s ship lending momentum and / or the extent of its involvement in newbuilding finance. Contents 1. Main Findings p. 2 2. Petrofin Index of Greek Shipfinance p. 3 3. Total Greek Shipfinance Portfolio as of End 2020 p. 4 4. Research and Analysis A. The Greek shipfinance market as of end 2020 p. 6 B. Analysis of the 3 Bank Groups p. 16 C. Newbuilding finance research p. 30 D. The Greek Shipping Syndications market p. 31 5. Highlights of this Year’s Research p. 32 6. The Outlook for 2021 and Beyond p. 33 1 Petrofin Research© - www.petrofin.gr June 2021 1. Main findings Highlight points of this year’s results for Greek ship finance are as follows: Bank shipfinance for Greek shipping has declined further yoy by 6.24%. The overall Greek loans (both drawn and committed but undrawn) booked both in Greece and worldwide as of 31/12/2020 fell to $49,794.51, compared to $53,107.8m in 2019, $53,176.32 in 2018, $53,994.96 in 2017 and $57,211.35 in 2016.
    [Show full text]
  • Annual Report 2007
    Annual Report Rheinmetall ag 2007 Rheinmetall in figures Rheinmetall Group indicators 2003 2004 2005 2006 2007 Sales € million 4,248 3,413 3,454 3,626 4,005 Order intake € million 4,128 3,147 3,625 3,899 4,040 Order backlog (Dec. 31) € million 3,143 2,741 2,907 3,183 3,239 EBITDA € million 446 385 382 366 438 EBIT € million 204 217 225 215 270 EBT € million 120 146 170 164 213 Net income € million 68 101 118 123 150 Cash flow 1) € million 308 264 277 308 352 Capital expenditures € million 203 183 198 186 202 Amortization/depreciation € million 211 168 157 151 168 Total equity € million 731 779 875 937 1,057 Total assets € million 3,442 3,100 3,423 3,389 3,445 EBIT margin in % 4.8 6.4 6.5 5.9 6.7 ROCE 2) in % 12.3 14.9 15.2 12.5 14.5 Stock price, annual high € 28.90 41.85 55.00 66.41 74.12 Stock price, annual closing € 23.01 39.25 53.26 57.48 54.38 Stock price, annual low € 12.45 23.40 38.40 47.80 48.04 Earnings per share (EpS) € 1.72 2.64 3.19 3.41 4.15 Dividend per share € 0.64 0.74 0.90 1.00 1.30 Employees (Dec. 31) 20,888 18,283 18,548 18,799 19,185 1) As from 2006, net interest result reclassified into financing activities 2) As from 2006, CE incl. accumulated goodwill write-down Rheinmetall stock price trend in comparison to DAX and MDAX December 30, 2002, to February 26, 2008 500% 400 300 200 100 0 Dec.
    [Show full text]
  • Calepin International B6 2009 Version3.Indd
    Calepin international des principales entreprises travaillant pour la défense Édition Mai 2009 DÉLÉGATION GÉNÉRALE POUR L’ARMEMENT Sommaire Sommaire .............................................................................................. p. 3 Carte des ensembles de sécurité en Europe ............................................ p. 4 Préface .................................................................................................. p. 5 Taux de change de l’Euro ....................................................................... p. 6 Fiches sociétés (pays de la LoI* + États-Unis) Sommaire sociétés pays de la LoI + États-Unis ....................................... p. 7 à 8 Fiches sociétés pays de la LoI + États-Unis ............................................. p. 9 à 112 Tableaux pays (LoI* + Etats-Unis) Sommaire tableaux pays de la LoI + États-Unis ...................................... p. 114 Allemagne............................................................................................. p. 116 Espagne ................................................................................................ p. 117 États-Unis d’Amérique ........................................................................... p. 118 France ................................................................................................... p. 119 Italie ..................................................................................................... p. 120 Royaume-Uni .......................................................................................
    [Show full text]
  • Banking Development and Economy in Greece: Evidence from Regional Data
    Journal of Risk and Financial Management Article Banking Development and Economy in Greece: Evidence from Regional Data Christos Floros Laboratory of Accounting and Financial Management (LAFIM), Department of Accounting and Finance, Hellenic Mediterranean University, 71004 Heraklion, Crete, Greece; cfl[email protected] Received: 20 August 2020; Accepted: 12 October 2020; Published: 15 October 2020 Abstract: This article examines the development of Greek systemic banks for the period 2003–2018, using data such as the ATM network and branches at a regional level. We test the impact of the ATM network and branches on the deposits of Greek commercial banks as well as the impact of local GDP on the regional banking efficiency. The analysis is carried out in two steps, (1) we use the Data Envelopment Analysis (DEA) for efficiency analysis, and (2) we use panel regression models for regression analysis. The results show that branches that operate at small regions are less efficient than those of the larger regions. Furthermore, both the ATMs and the number of branches have a positive relationship with deposits. This means that banks must continue to operate branches and ATMs in Greece. Finally, we show that local GDP helps significantly in increasing regional banking efficiency. The above findings are important given the need to support the local economy with modern banking services in Greece. Keywords: Greek banks; ATM network; branch network; efficiency; deposits; local GDP; panel data; Greek regions 1. Introduction The Greek economy has faced several problems after the 2008 financial crisis. Stournaras(2019) explains that the Greek crisis1 has taken a heavy toll on output, incomes and wealth; he reports a high public debt ratio, a high NPL ratio, and high long-term unemployment.
    [Show full text]
  • Greek Debt Sustainability and Official Crisis Lending
    JULIAN SCHUMACHER Johannes Gutenberg University Mainz BEATRICE WEDER di MAURO INSEAD* Greek Debt Sustainability and Official Crisis Lending ABSTRACT The International Monetary Fund and the European Stability Mechanism softened their crisis lending policies repeatedly to deal with the Greek debt crisis, but the analysis of debt sustainability still acts as the gate- keeper for access to official financing. We explore the underlying mechanics of debt sustainability analysis and show that the standard model is inappropriate for Greece since it ignores the highly concessional terms of Greek debt. Greek debt has been restructured repeatedly, and now two-thirds of the stock contains grant elements of about 54 percent. The present value of outstanding Greek debt is currently about 100 percent of GDP and will rise to about 120 percent under the new program. Greek debt sustainability therefore is less a problem of the debt stock. By simulating different paths of the gross financing needs, we show that there may be liquidity problems over the medium to long terms (in particular, in 2035 and beyond). However, our estimation of the financing need is subject to high uncertainty and mainly depends on whether Greece will be able to regain access to markets at reasonable terms. any people hold strong views on Greek debt. Just taking a casual Mlook at the level of Greece’s debt, which the International Monetary Fund (IMF) has recently projected to rise to 200 percent of GDP, it seems obvious that Greek public finances cannot possibly be sustainable (IMF 2015a, 2015b). What is not obvious is how this can be subject to dispute among the main creditor institutions.
    [Show full text]
  • L a K O N I A
    KARYES L a k o n i a KARYATES ASSOCIATION NEWS BULETTIN Issue number 28 Spring 2021 PROGRAM "OUR ANCESTORS’ ROOTS" An initiative of the Karyates Association in view of the Karyes Laconia Memory and Culture Centre completion and operation The Karyates Association on the occasion of the creation of the Karyes Laconia Memory and Culture Center inaugurates the program "OUR ANCESTORS ROOTS". The Program’s purpose is to collect data and information on the large migration flow of our compatriots during the 20th century from their homeland, Karyes Laconia to the U.S.A., Canada, Australia, etc. Our hope is with this program to record the historical path of the Arachovites / Caryates and their families over the last 150years, so that through it the third and fourth generation descendants will be able to reconnect with the place of origin of their ancestors and come in contact with modern Greece and more specifically with the beautiful place of Karyes, Laconia, their ancestors homeland. For this purpose, the Association appeals to all compatriots, wherever they are, to reminisce about their historical family memories, to record and send us a brief history of their family. This story will start from the their first Arachovite / Caryatian ancestor who emigrated, will narrate his own course in the new place he settled and will continue unfolding the story of his descendants in the new homelands. Furthermore the description of events or incidents that highlight the social contribution of the ancestors in the new homelands, but also in Karyes will have an additional historical value. These recordings can be sent to the email address [email protected] in order to be recorded by the Association and used for the purpose of the vision of the Karyes Laconia Memory and Culture Centre.
    [Show full text]