The Board of Directors approved its participation in the AMC of Attica Bank

2023-04-20 12:54:21

The The Board of Directors of Pancrete Bank approved the participation of the Bank in the current one Increase in the Share Capital of the Bank of Attica as the amount of 34 million. euros and the conclusion of a relevant investment agreement agreement with the Financial Stability Fundthe THRIVEST HOLDING LTD, main shareholder of Pankritia Bank, and Bank of Attica.

With the participation of Pankritia Bank in the share capital increase of Attica Bank the foundations are laid and the conditions are created for the merger of the two credit institutions in the second yearto be pursued the creation of a sound financial institution which will correspond to modern market requirements.

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