Attica Bank

Attica Bank CEO Eleni Vrettou termed the merger as a historic move for the non-systemic bank

Attika Bank informed its shareholders of the absorption of Pancreta Bank, following its initial announcement of the deal on July 24th.

Alpha Bank, Eurobank, National Bank, and Piraeus Bank are the Greek banks likely to record historical highs in profitability, paving the way for even greater shareholder rewards in 2025, with 35% of 2024 profits expected to be returned.

Voting in favor were deputies of ruling New Democracy (ND) and the lesser opposition PASOK party.

A relevant announcement said the merger with Pancreta is expected to be completed by mid September