The branch of L. Dimokratia in Heraklion is a model of the new philosophy that Pancretan Bank is gradually applying to its Network, which combines customer service in the store, with the advanced possibilities offered by digital media. In this context, distinct spaces have been formed that support on the one hand the traditional banking […]
Tag: Pancretan Bank
Bank of Chania: ‘OK’ from the EGS to all the actions of the Board. for the merger with Pankritia
The Extraordinary General Meeting of the members of the Cooperative Bank of Chania was successfully held, which approved and ratified with a percentage of 98.39%, all the acts of the Board of Directors to date, in the context of the intended merger of Bank of Chania with “Pancretan Bank A. Ε. “. He authorized the […]
Bank of Chania: The merger agreement with Pankritia was approved
With a percentage of 98.4%, the general meeting of the Cooperative Bank of Chania, approved today the agreement from 13/4/2022 with the Pancretan Bank, in the context of the planned merger of the two credit institutions for the creation of a new bank named “Candia Bank “. Speaking to reporters, the president of the Cooperative […]
The AMK of Pancretan Bank was approved
The Extraordinary General Meeting of the Shareholders of Pancretan Bank was held in a very positive atmosphere, which decided to increase its share capital. The Assembly had a significant quorum. Approval for the increase was given by 99% of the represented shares. Pankritia is a multi-share Bank with 85,387 Shareholders. The Shareholders decided to reduce […]
Pancretan Bank: The Collective Bargaining Agreement was signed
The management of the Pancretan Bank with the representatives of the Employees’ Association signed a new three-year business collective labor agreement today, after two months of constructive dialogue. The subject of the negotiation for the signing of the business contract with the employees of Pankritia Bank were the economic and allowance policy, social demands, with […]
HSBC’s activities in Greece are transferred to Pancretan Bank
Initially, the Pancretan Bank signed today with HSBC Continental Europe (“HSBC”) an agreement for the acquisition of the operations of the Greek branch of HSBC. The completion of the transaction is subject to the approval of the Bank of Greece and the Competition Commission. According to the terms of the agreement upon completion of the […]
The Pancretan Bank-HSBC Greece deal and the next steps
LAST UPDATE: 12:11 By Leonidas Stergiou HSBC’s activities in Greece are transferred to Pankritia Bank, following the agreement between the two parties and the initial green light from the Bank of Greece, as Capital.gr has already published since February. Today, the agreement was officially announced, which is under the final approval of the Bank of […]
First of all, a green light from the BoG on the Pankritia-HSBC deal
By Leonidas Stergiou In principle, the Bank of Greece was positive in the first stage regarding an agreement for the acquisition of the network and the Greek activities of HSBC in Greece. According to information, after this stage, the relevant file with the details of the agreement is submitted in order for the final decision […]
The Pankrita-HSBC deal is waiting for the green light from the BoG
By Leonidas Stergiou The approval of the competent authorities and, in particular, of the Bank of Greece is awaiting HSBC Greece and Pancretan Bank in order to complete the agreement for the acquisition of the former by the latter. A move, which leads to a net increase of the funds of Pankritia by 85 million […]
Participation of the Pancretan Bank in the Recovery Fund
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 […]