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Board of Directors' decision for the Participation in Attica Bank's Share Capital Increase

Published in:

20 April, 2023

The Board of Directors of Pancreta Bank approved the Bank’s participation in the current Share Capital Increase of Attica Bank, up to the amount of 34 million Euros and the conclusion of the relevant  investment agreement with Hellenic Financial Stability Fund ("HFSF") , THRIVEST HOLDING LTD, the major shareholder of Pancreta Bank, and Attica Bank.

The participation of Pancreta Bank in Attica Bank’s Share Capital Increase lays the foundations and establishes the conditions for the merger of the two credit institutions later-on, so as to pursue the creation of a healthy financial institution that meets the contemporary demands of the market.