The three central axes in the business planning of Eurobank

Today, the Management of Eurobank presented the new concept that will determine the banking operation and service in the new era.

The Bank prepares, plans and forms the “EUROBANK 2030 | Development Bank”. Pioneers and recommends a new model in the Greek market, which invests in the triptych Man – Technology – Sustainability, combining technological innovation with the experience and high training of its human resources in order to contribute, with best practices, to the national effort of sustainable development for all, says Eurobank in a relevant announcement.

As she points out, her business plan, which is already being implemented, with a horizon of ten years, is developed in three central axes:

Financing emblematic projects and investments of large and medium enterprises, with the aim of changing the productive model of the economy and reducing the investment gap created in the country during the economic crisis, mainly through investments based on the ESG criteria (Environmental, Social, Governance).

Holistic support for smaller businesses, in combination with the great possibilities of financing and through the resources of European and / or Greek programs that concern especially the small enterprises, in order to become more competitive in order to spread the growth in the whole society. The Bank proceeds to the provision of professional fixed rate investment loans for the entire duration of the investment, activates the first electronic marketplace in Greece for the direct connection of customers with other companies seeking their services.

The development of the Phygital anthropocentric model that utilizes the perfect technological infrastructure with the human factor for simple, fast, personalized and safe service 24/7.

The initiatives per pillar, the strategic plan of the Bank for the transition to the new era and the upgraded and modern model of branches, were presented today, by the Chairman of the Board. of Eurobank, Mr. George Zanias, the Managing Director, Mr. Fokion Karavia, the Deputy Managing Directors, Mr. Andrea Athanasopoulos, Konstantinos Vassileiou, Stavros Ioannou, and the General Manager of Retail Banking, Iakovos Giannaklis.

Indicative of the importance that Management attaches to the new development cycle, is its decision to readjust its corporate identity, emphasizing, and semantically, the need for major changes required by the modern era.

O Chairman of the Board of Eurobank, Mr. George Zanias, stated that Greece is emerging from the crisis and entering a new period of rapid growth, with a medium-term horizon, with the firepower provided by the important, available, European resources, the great opportunities in the market after the multi-year crisis, its gradual recovery the country’s credibility and the strong grid of reforms of recent years. The banking system is being consolidated and reorganized to fulfill its developmental and social role. Eurobank is a pioneer in this new era as the bank that achieves the fastest consolidation of its balance sheet, increases its organic profitability and is transformed by being guided by modern needs and challenges with a constant focus on sustainable development and support of society.

THE CEO of Eurobank, Mr. Fokion Karavias, stated: “Eurobank serves with projects the achievement of national goals: Sustainable development for all, rapid recovery of the investment level for Greece and change of the production model by investment vehicles. The financial results of the Bank this quarter are a milestone for us but also for the banking system as the NPEs index falls below 7.5% for the first time since the onset of the crisis. We are moving with a whole new concept of banking.The key to transformation is the Phygital model that combines technology with the experience of our people, to support our customers, families and ALL businesses, large and small, towards a new better, era for the Greek economy and society. “.

THE Deputy Chief Executive Officer, Head of Corporate & Investment Banking, Mr. Konstantinos Vassiliou, referred to Eurobank ‘s commitment to contribute to the consolidation of sustainable development, aiming at disbursements of more than 5.5 billion euros over the next three years, 50% of which will be directed to companies that will incorporate strong ESG criteria in their design. He stressed the need to seize the historic opportunity of the Sustainability and Development Fund and support key sectors such as Tourism, Shipping, Energy, Infrastructure, Real Estate, Industry & Manufacturing, where it is estimated that total investments of 32 billion will be implemented. euros over the next three years.

THE Deputy Chief Executive Officer, Head of Group Transformation, Digital & Retail Banking, Mr. Andreas Athanasopoulos, presented the new model of a flexible Phygital bank that transforms, daily, according to the new consumer standards and habits, utilizing the experience of its staff and the latest technology. A timeless goal is a bank that will always be close to the customer, with personalized, personalized services and products, utilizing the pioneering service experience in the new era stores and the integrated network of digital channels.

THE Deputy Chief Executive Officer, Group Chief Operating Officer & International Activities, Mr. Stavros Ioannou, underlined the constant pursuit of avant-garde and the establishment of the Bank as the simplest, digitized Bank in Greece and SE Europe with investments of over 200 million euros every three years. With the percentage of transactions through digital channels now exceeding 90%, the Bank takes advantage of every opportunity for innovation using state-of-the-art technologies aimed at seamless, safe customer service, while improving the environmental footprint of its activities.

THE General Manager of Retail Banking, Mr. Iakovos Giannaklis, referred to the financing and provision of consulting support to smaller companies, emphasizing that Eurobank, since 2020, has already granted 14,000 loans amounting to 1.3 billion euros to companies with a turnover of up to 5 million euros, having approved 82% of requests submitted in 2021. The aim is to take advantage of the multilevel opportunities arising from European and Greek programs. In this direction, the Bank develops strategic partnerships, among others, with Info Quest Technologies for the utilization of Microsoft solutions, but also Epsilon Net for the digital transition as well as with third networks such as accounting offices to further facilitate the access of companies in finance.

As part of the presentation, a visit was made to the Bank’s branches on Korai and Bucharest streets, where the redesigned spaces and the new functionalities were presented by Messrs. Iakovos Giannaklis and Giannis Serafemidis, General Manager of Retail Banking and General Manager of the Network, respectively, and the General Manager of Marketing and Corporate Communication of the Eurobank Group, Mr. Michalis Vlastarakis.