Eurobank's Management is touring Crete from today, Monday, 14.10.2024, until next Wednesday, 16.10.2024, underscoring the Bank's confidence in the prospects of the Cretan economy and its will to support the pioneering Greek entrepreneurship.
The Chairman of the Board of Directors, Mr. George P. Zanias, the CEO of Eurobank, Mr. Fokion Karavias, the Deputy CEOs, Mr. Konstantinos Vasileiou, Iakovos Giannaklis, Stavros Ioannou, and a group of high-level executives of the Group visit all the prefectures of Crete and hold, as every year, meetings with businessmen, institutions, and representatives of local authorities.
Crete is a strong business priority for Eurobank, recognizing the dynamics of the island's economy in traditional sectors, as an international tourist destination but also as a place of production of high-value agri-food and industrial products that make up one of the most integrated Greek development ecosystems. At the same time, however, it is a local economy that is investing dynamically in new sectors such as renewable energy sources, academic research & innovation, and new technologies, while it is a field for the development of major infrastructure projects with the potential to support the needs of the population and basic activities, but also to progressively transform the island, turning Crete into a critical hub for green energy, data, and goods.
In this context, Eurobank, as a Development Bank, is actively involved in financing sectors that can support the modernization of the Greek production model in all the above-mentioned areas (e.g., the North Road Axis of Crete, the Electric Interconnection between Crete and Attica, etc.) and actively supports businesses in the tourism sector by participating in investments of hotel companies and groups. It should be noted that in the last five (5) years, Eurobank, in Crete alone, has granted €800 million to businesses in order to implement their development plan.
Tomorrow, Tuesday, the bank will organize a working dinner with businessmen in Heraklion on the topic "Crete and major infrastructure projects.". The event will be attended by the Minister of Infrastructure and Transport, Mr Christos Staikouras, who will participate in a discussion with the Regional Governor of Crete, Mr. Stavros Arnaoutakis, and the CEO of Eurobank, Mr. Fokiona Karavia.
As underlined by the CEO of Eurobank, Mr. Fokion Karavia: "Crete is, over time, a field for the development of pioneering, innovative, and extroverted business practices, as a result of its strong business tradition, which is distinguished by its constant willingness to invest in the new. We see in Crete an integrated economy, a model of sustainable development that the country is striving to achieve. True to our commitment to support every innovative business, in every sector, in order to increase real investment and for the country to achieve growth capable of withstanding the test of time, we will be at the side of innovative Cretan entrepreneurship and all Greek entrepreneurs with the constant aim of strengthening collective prosperity."
Today, Monday, Eurobank is organizing an event in Chania on "The Challenges of Growth for Cretan Businesses: Local Priorities and National Policies," where entrepreneurs will have the opportunity to learn about the course of the Greek economy and the great investment opportunities that can arise from the use of national and EU resources through the Recovery and Resilience Fund (RDF), the Hellenic Development Bank (HDB), and other European programs. The event will be introduced by the CEO, Mr. Fokion Karavias, followed by a discussion between the Deputy CEO of the Bank and Head of Corporate & Investment Banking, Mr. Konstantinos Vassiliou, and the Chairman of the Board of Directors of the Hellenic Development Bank (HDB), Mr. Georgios Zavvos, and the Group Chief Economist of Eurobank, Dr. Tasos Anastasatos. The discussion will be moderated by the journalist, Mr. Phoebus Karzis.
Also, in Heraklion, a working lunch for private banking clients will be held in the presence of the Chairman of the Board of Directors of Eurobank, Mr. George P. Zanias, where the Deputy CEO, Group Chief Operating Officer, and Head of International Activities & Group Private Banking, Mr. Stavros Ioannou, will present the outline of the international and domestic developments that make up today's investment landscape, while Group Chief Economist, Dr. Tasos Anastasatos, and Group Chief Investment Officer, Mr. Christos Elafros, will analyze the macroeconomic developments and the course of the international markets.
Finally, recognizing the decisive contribution of employees to the strong performance and the achievement of Eurobank's strategic objectives, the management, as part of the tour, is conducting a program of meetings with employees and visits to the branch network and Business Centers of Crete.
