The creation of the 5th banking pillar in the Greek market is now a matter of time, as the heads of the two main shareholders of the project, Alexandros Exarchou of Thrivest and Ilias Xirouhakis of the Hellenic Financial Stability Fund, have had several meetings to finalize the last and formal details so that the time for the signatures could come. 

According to the Athens News Agency, sources at Thivest Holding insist that the joining of forces between Attica Bank and Pancretia Bank will bring a new, strong banking institution with a "firepower" of €10 billion in deposits, zero deferred tax, a capital ratio of 15%, non-performing loans below 3%, and a strong presence of branches throughout Greece. 

In this context, the same sources said that the Thivest Holding side of Alexandros Exarchos, Yannis Kaymenakis, and Dimitris Bakos feels fully justified for its strategy on the issue of the creation of the 5th banking pillar, in the wake of the upcoming shareholders' agreement between the investment company and the Hellenic Financial Stability Fund (HFSF).

As reported by the Athens News Agency, Thrivest of Mr. Exarchos, Kaymenakis, and Bakos took part in the Equity Capital Increase (ECA) of Pancretia Bank in October 2022 and took control of it. Later, in 2023, it entered the share capital of Attica Bank both directly and through Pancretia Bank. To date, Thrivest has invested €140 million in these two banks, even when they were having serious problems, protecting the Greek economy from the effects of a potential collapse.