The operational agreement with the Ministry of Finance was signed by the CEO of Pancretan Bank Mr. Antonis Bartholomew, marking the participation of the institution in the Recovery and Resilience Fund Program “Greece 2.0” which, among other things, aims to renew the productive country.
Participation in the Recovery and Resilience Fund Program creates the conditions for Pankritia to play an important role in financing, on favorable terms, the investment plans of its clients and at the same time to try to penetrate a new clientele.
The program is funded by all companies (regardless of size) that intend to implement sustainable investment projects, which promote policies in one or more of the following 5 pillars: green growth, digital transformation, extroversion, innovation and the creation of larger and more competitive schemes through mergers, acquisitions and partnerships.
As stated by Mr. Antonis Bartholomew after the signing of the program, the country will have at its disposal resources of 31 billion. euros from EU subsidies and funding forming a unique national opportunity.
The availability of the program funds is immediate and is expected to have a special impact in Crete where the bank operates with an expanded branch network.
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Source From: Capital
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