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Hellenic Bank Public Company Ltd (Greek: Ελληνική Τράπεζα Δημόσια Εταιρία Λτδ; CSE: HB) is a bank in Cyprus. It has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. [8][9]
Emporiki Bank (absorbed into Alpha Bank) Ergasias Bank (absorbed into EFG Eurobank) FBB - First Business Bank (split into "good" and "bad" bank, good bank assets taken over by National Bank of Greece, all former FBB branches closed) General Bank of Greece (bought by Piraeus Bank) Grindlays Bank (absorbed into Piraeus Bank)
The next year bank governor Georgios Mavros founded the Cultural Foundation of the National Bank. In 1978 the Greek government permitted the formation of Arab Hellenic Bank with 49% Arab ownership, as an exception to its prohibition on foreign banks owning more than 40% of the equity of a Greek bank. NBG held 51% and provided most of the bank ...
Piraeus Bank is a universal bank providing various banking services. Historically a bank supportive of SMEs it now also possesses particular know-how in the areas of agricultural banking, consumer and mortgage credit, green banking, capital markets, investment banking, leasing and electronic banking. [10]
Alpha Bank Residence Thessaloniki. Alpha Bank is a private Greek bank. Its founder was John Kostopoulos [9] Alpha Bank's Network in Greece has 273 branches and 783 ATMs. [10]The Group operates in Greece, United Kingdom, Luxembourg and Cyprus with a network of 287 retail outlets (273 in Greece, 12 in Cyprus, 1 in the United Kingdom, 1 in Luxembourg) and employs 8,487 people in Greece and abroad.
Greece portal. v. t. e. Banking in Greece made up the relative majority of assets and liabilities of Greece as of 2008. [1] On 29 June 2015 banks were shut down and capital controls were imposed. As of October 2018, the capital controls were brought to an end.
Eurobank Ergasias. Eurobank is a financial organisation that operates in Greece, Cyprus, Luxembourg, Bulgaria and the UK. As of December 2018, the Eurobank Group counts, € 58 billion in assets, 653 customer service locations in Greece and abroad, and 13,162 employees. [12]
The Hellenic Financial Stability Fund (HFSF) completed a €48.2bn bank recapitalization in June 2013, of which the first €24.4bn were injected into the four biggest Greek banks. Initially, this recapitalization was accounted for as a debt increase that elevated the debt-to-GDP ratio by 24.8 points by the end of 2012.