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€410 million to the parent company for dividend distribution from the fiscal year 2023 | TheGreekDeal.com
Eurobank
€410 million to the parent company for dividend distribution from the fiscal year 2023
The Board of Directors of the Bank approved the distribution of optional reserves to its sole shareholder, Eurobank Holdings
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Eurobank

Eurobank  announces that its Board of Directors approved on 15/12/2023 the distribution of non mandatory reserves to its sole shareholder, Eurobank Holdings, in accordance with the provisions of paragraph 3 of article 162 of Law 4548/ 2018, for a total amount of €410,000,000.00 of which €168,257,307.82 comes from the “Dividend Reserve” account and €241,742,692.18 comes from the “Goodwill Reserve for the Transfer of Shares” account of article 48A of Law 4172/2013”.

The said distribution of reserves is carried out in order to enable the distribution of dividend from the profits of the financial year 2023 from Eurobank Holdings to its shareholders.

It is noted that the dividend distribution by Eurobank Holdings, is subject to the receipt of the necessary decisions and approvals in accordance with the applicable legal and regulatory framework, including the approval by the European Central Bank.

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