Shipping lender National Bank of Greece (NBG) is scrapping its obligation to report to the US Securities and Exchange Commission (SEC).

It said it was filing Form 15F to immediately halt requirements.

"After 90 days, if the SEC does not object, the suspension becomes a permanent termination of SEC reporting obligations," it added.

"Until the termination of registration becomes effective, NBG will continue to comply fully with all other requirements applicable to foreign private issuers registered under the Exchange Act."