BoG Approval of the Merger of Attica Bank – Pancreta Bank
BoG Approval of the Merger of Attica Bank – Pancreta Bank

BoG Approval of the Merger of Attica Bank – Pancreta Bank

The Merger is expected to be completed in early September 2024.
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RE+D magazine
30.08.2024

Attica Bank S.A. (hereinafter “Attica Bank”) informs investors following its Announcements dated 24.07.2024 and 26.07.2024, that the Bank of Greece approved today the Merger of Attica Bank S.A. – Pancreta Bank S.A. (hereinafter “Pancreta Bank) by absorption of Pancreta Bank by Attica Bank.

The Merger is expected to be completed in early September 2024, according to the current timetable, subject to all necessary corporate decisions of the competent authorities and the general meetings of both credit institutions. In any case, the timing of the Merger depends on unforeseen factors and is subject to change.

The Bank will inform investors with regards to the progress of the Merger process in the context of the implementation of the Shareholder’s Agreement dated 18.07.2024 between the Hellenic Financial Stability Fund and Thrivest Holding Ltd, as ratified by art.1 of L.5127/2024. implementation of all steps of the Shareholders' Agreement.