Financial Services category powered by

Eurobank holds 55.48% of Hellenic Bank after acquiring additional shares

Eurobank's share in Hellenic Bank has increased to 55.48%, after the latest acquisition of 240.303 shares, for €0.62 million.

In a press release, Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., announced that on 11 June, it purchased 240,303 shares in Hellenic Bank Public Company Limited at the price of €2.56 per share for a total consideration of ca. €0.62 m. 

Eurobank, following the above acquisition, directly holds 229,029,857 shares representing 55.48% of the total issued share capital and of the voting rights of Hellenic Bank.

(Source: CNA)

Read More

Assets under management total €9.1b in Q3 of 2024
EBA launches public consultation on Regulatory Technical Standards for crypto-asset service providers
Eurobank announces €400m bond issuance and €200m Hellenic Bank bond exchange
Bill to privatise Cyprus Stock Exchange in final stages of legal review
The banking sector at a crucial crossroads: Neobanks and the great challenge for traditional banks
Iasonas Michailidis: The future for fintech is AI and a lot of automation (vid)
Expert panel discusses the growing challenges for bank boards
Eirini Fotiou: AI is important; but we need to remember the human element is really important as well (vid)
Marijana Gligoric: Limassol is a multicultural city which is great and suitable for building tech innovations (video)
Eurobank sells 8.58% stake in Demetra Holdings Plc to Logicom Services for €27m