The Greek Deal.com
Establishes a new Venture Banking Unit | TheGreekDeal.com
Eurobank
Establishes a new Venture Banking Unit
Eurobank has established a Venture Banking unit with the aim of developing an integrated strategy, more efficient operation and further development of its business.
Newsroom
TIME TO READ
1 min
Fokion Karavias, CEO Eurobank

Eurobank has established a Venture Banking unit with the aim of developing an integrated strategy, more efficient operation and further development of its business.

The new unit will constitute a single framework for the operation and brokerage of the innovation ecosystem with the bank's business units. With the creation of Venture Banking, Eurobank aims to strengthen young and innovative businesses, supporting them with the appropriate financial tools and with tailored advisory services and solutions, aiming at their further development. The Venture Banking unit reports to Deputy CEO Konstantinos Vassiliou, while the unit is headed by Roula Bachtalia, until recently Head of EGG—Enter, Grow Go.

WHOM IT MAY CONCERN

This unit is addressed to:

  • Fast-growing start-ups that have a limited trading history and low profitability ratio, but a proven business model with strong growth prospects
  • Innovative businesses that are expanding rapidly in Greece and abroad and need the right capital and integrated banking services to ensure their next phase of growth
  • Venture Capital and Private Equity firms seeking co-investment partnerships with the bank's participation In addition, they seek information, knowledge and experience of specific productive sectors and markets, and the connections that can benefit their investment portfolio, enhancing the likelihood of successful exits - Individual investors, start-up founders and business clusters that need further advice and tailored banking services.

THE EGG

The EGG - Enter Grow Go business accelerator is now part of Venture Banking with the ultimate goal to evolve as a growth accelerator for all investment stages. Today, EGG is one of the leading hubs for innovative start-up entrepreneurship in Europe, ranking 48th out of 220 candidates, while at the same time it is the largest business accelerator in Greece and the second largest in Eastern Europe.

READ ALSO