With the initiative of the Chamber of Heraklion and other social organizations of the city, 512 Heraklion citizens, sign the statute for the establishment of the Cooperative Bank with the name "Credit Development Cooperative of Heraklion".
After the granting of the license of the Cooperative as a Bank by the State Board of Trade (PDTE 2306/19-5-94), the "Credit Development Cooperative of Heraklion" is renamed the "Cooperative Bank of Heraklion". In October of the same year, the 1st branch opens in Heraklion.
The Bank is expanding in the Prefecture of Lasithi.
Following a relevant decision of the Bank of Greece (ΕΝΤΥ 557/16-5-95) a license is granted to operate as a regional bank under the name Pankritia Cooperative Bank.
The Bank receives a license from the Greek Chamber of Commerce (ENPTH 610/27-03-98) for nationwide operation.
The first branch outside of Crete, in the center of Athens, begins its operation, marking a new era
The Bank is certified for the Quality Management System it implements in accordance with the ELOT EN ISO9001:2000 standard.
It is the first bank nationwide to be certified for the implementation of a Quality Management System (QMS) in all its operations, through which it provides security, transparency, speed and flexibility in serving its customers.
The relocation of the Administration offices and the Central Store to a new privately owned building on L. Ikarou, near the shopping network of the city of Heraklion, is completed.
A significant development of the Network is taking place, where it now has 54 stores/boxes from 35 at the beginning of 2004.
Of these, 47 are in Crete, 4 in Attica, 2 in Thessaloniki and 1 new one in Milos.
The Bank issues the Pancreta Bond, a 10-year investment product that contributes to the significant strengthening of its long-term funds. The target of €30 million was exceeded within the two months that the product was available
The increase of cooperative capital by approximately €55 million is successfully completed.
The Bank is expanding in Northern Greece with the opening of two new branches in Thessaloniki
As part of the cooperation with the EIB, the Jessica program is activated, which concerns the management of funds from the Urban Development Fund of Crete intended for projects that will be carried out in cooperation with the Municipalities of the Region of Crete, as well as private investors.
The submission of the Bank's file for cooperation with the National Entrepreneurship & Development Fund (ETEAN SA) in order to provide guaranteed loans from the guarantee fund of the Entrepreneurship Fund (TEPIX) is approved.
Contracts are signed for joining in collaboration with ETEAN SA, in three programs: a) Business Restart, b) Island Tourism Entrepreneurship, and c) Guarantee Fund with the aim of facilitating small and medium enterprises in financing for the implementation of their business plans and coverage of their operating costs.
The cooperation with Attica Bank begins for the formation of a common, expanded network of cash withdrawals (ATMs) with more than 150 service points throughout the country, from where customers carry out cost-free transactions, as well as clearing services for card transactions in commercial businesses.
Lyktos Participations participates as a strategic investor in the Bank's cooperative capital with a percentage of 21.45%, marking the beginning of a new dynamic era for the Bank.
The new corporate identity is presented, giving the Bank a modern image, preserving elements of its historical path and locality.
The international Credit Rating House "Moody's" assigns for the first time a credit rating to the Bank, Caa2 with stable outlook (Stable Outlook), placing Pancreta Bank equally among the four Greek systemic banks.
The operation of the bank in the Prefecture of Dodecanese is expanded with the opening of the Rhodes branch.
An agreement is signed with Qquant Master Servicer (Quant) for the management of a portfolio of Non-Serviced Exposures, amounting to €670 million (Project Kastor).
The provision of Factoring services to Βusiness Customers begins, with the aim of providing liquidity for the expansion of their activities.