Browse through our Interesting Nodes for Legal Services in Greece Read the Convention Relating to the Regime of the Straits (24 July 1923) Read the Convention Relating to the Regime of the Straits (24 July 1923)
HR-Net - Hellenic Resources Network Compact version
Today's Suggestion
Read The "Macedonian Question" (by Maria Nystazopoulou-Pelekidou)
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Wednesday, 4 December 2024
 
News
  Latest News (All)
     From Greece
     From Cyprus
     From Europe
     From Balkans
     From Turkey
     From USA
  Announcements
  World Press
  News Archives
Web Sites
  Hosted
  Mirrored
  Interesting Nodes
Documents
  Special Topics
  Treaties, Conventions
  Constitutions
  U.S. Agencies
  Cyprus Problem
  Other
Services
  Personal NewsPaper
  Greek Fonts
  Tools
  F.A.Q.
 

Athens Macedonian News Agency: News in English, 13-09-08

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Eurobank completes acquisition of Hellenic Postbank and Proton Bank

  • [01] Eurobank completes acquisition of Hellenic Postbank and Proton Bank

    ANA-MPA -- "Verdana","sans-serif";mso-bidi-font-family:"Courier New";color:#0F1419; Eurobank on Monday announced the completion of the transfer of Hellenic Postbank's and Proton Bank's shares from the Hellenic Financial Stability Fund to Eurobank.

    The transaction was completed in line with a binding agreement reached between Eurobank and HFSF in July 15 for the purchase of 100 pct of a new Hellenic Postbank and new Proton Bank.

    "Times New Roman";mso-bidi-font-family:"Courier New";color:#0F1419;mso-ansi-language: Eurobank said the acquisitions will enhance its position in the Greek banking system, creating significant synergies of around 200 million euros annually, resulting basically from the integration of central services, IT systems and a reduced funding cost.

    The unification process of the two banks is expected to be completed in the next nine months.


    Athens News Agency: News in English Directory - Previous Article - Next Article
    Back to Top
    Copyright © 1995-2023 HR-Net (Hellenic Resources Network). An HRI Project.
    All Rights Reserved.

    HTML by the HR-Net Group / Hellenic Resources Institute, Inc.
    ana2html v2.01 run on Sunday, 8 September 2013 - 16:38:06 UTC