ATTICA BANK
The management of Attica Bank has made public the reports on the merger process with the acquisition of Pancreta Bank.
13/08/24 • 20:06
Attica Bank and Pancreta Bank's Boards of Directors met today to approve the draft merger agreement, which calls for the former to absorb the latter in accordance with the terms of the deal between the Hellenic Financial Stability Fund and Thrivest Holding.
26/07/24 • 18:55
On Thursday evening, a majority of MPs voted to approve a draft bill that would merge the largely state-owned Attica Bank with Pancreta Bank.
26/07/24 • 08:52
In a statement, Attica Bank declares the commencement of its merger procedures with Pancreta Bank and provides an indicative timeline along with the basic terms.
25/07/24 • 08:32
The proposed solution for the Attica Bank and the Pancreta is the optimal solution both for financial stability and for the Greek taxpayer, assured the Governor of the Bank of Greece, Yannis Stournaras, speaking recently at the Standing Committee on Economic Affairs of the Parliament.
24/07/24 • 15:20
Minister of Finance Kostis Hatzidakis referred to a loss of savings of over €1.6 billion if the uncovered deposits (909 million for Attica Bank and 726 million for Pancreta) would be lost.
23/07/24 • 15:16
After Attica Bank and Pancreta Bank signed a legally binding agreement, the fifth banking pole was formed.
18/07/24 • 19:10
Attica Bank and Pancreta Bank will have their long-term ratings revised by Moody's to an upgraded status.
18/07/24 • 08:37
Attica Bank said on Tuesday that the initial evaluation of its non-performing loan portfolio by rating agency DBRS Morningstar was finished, meaning that the total loss from a possible sale of this portfolio through securitization under the Hercules III state guarantee program would not exceed €400 million.
16/07/24 • 18:14
At today's Attica Bank General Meeting, Christina Papakonstantinou, the Deputy Governor of the Bank of Greece, emphasized that the Bank of Greece supports the merger of Attica Bank and Pancreta.
16/07/24 • 15:21
It is only a matter of time until the fifth banking pillar in the Greek market is established, as the heads of the two major project shareholders, Alexandros Exarchou of Thrivest and Ilias Xirouhakis of the Hellenic Financial Stability Fund, have met numerous times to work out the last, formal details.
09/07/24 • 11:45