The year 2024 marked a pivotal moment for Attica Bank, with robust operating profitability, an expansion in credit, and an overall recovery in its performance metrics. The completion of the merger with Pancreta Bank led to the establishment of the fifth largest bank in the country by assets, dedicated to providing an alternative banking solution for Greek businesses and individuals of all sizes.

A key highlight of the fiscal year was the successful execution of the merger agreement combined with substantial shareholder investment, culminating in a capital increase of €735 million. This capital infusion also facilitated the bank's privatization, with Thrivest Holding emerging as the majority shareholder, holding a 54.6% stake, followed by the Hellenic Financial Stability Fund with a 36.2% stake.

THE BUSINESS PLAN

Looking ahead to 2025, the bank aims to expand its credit offerings, support small and medium-sized enterprises, increase mortgage lending, and enhance its balance sheet further. Additionally, this year’s objective is to finalize the operational merger through the integration of the information systems of Attica Bank and Pancreta Bank. The strategic plan anticipates performing loans to exceed €7 billion by 2027, alongside at least a fourfold increase in the bank's operating profitability.