“The Cooperative Bank of Chania, following the initiative of the Pancreta Bank, announced on 24/10/2021 the start of negotiations to examine the possibility of combining the forces of the two banks, embracing the vision of creating a banking group capable of claiming satisfactory market shares and to offer quality and competitive services both in Crete and nationwide”, the Cooperative Bank of Chania noted in an announcement.
It clarified that “After a period of study and analysis of the elements and prospects of the consolidatιon scheme, with the support of internationally recognized consultants, the administrations of the two banks negotiated, finalized and proposed the terms of their merger, which were approved in principle by the General Assemblies on both sides on 05/05/2022 and indeed with an overwhelming majority.
The implementation of the merger, in accordance with what is mentioned in the recently approved Prospectus of the Share Capital Increase of Pancreta Bank, is binding for the parties, however, its completion was conditional on the successful share capital increase of Pancreta Bank, while it is subject to condition a ) the decisions of the General Assemblies on the approval of the merger of the two banks, and b) the approval of the competent supervisory authority (SA), the Ministry of Development and Investments and the Competition Commission (if required)”.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Research in Greece : Wasted Talent, Missed Opportunities
The symposium made one thing clear: Greece possesses the intellectual capital to compete globally, but without decisive policy reforms, its research potential will continue to be squandered.
Greek Education Ministry to Launch Free Audiobook App eVivlio
The eVivlio app offers free access to audiobooks by Greek and international authors, narrated by well-known actors.
Greece Emerges as a Top Destination for Luxury Real Estate
Greece’s appeal is driven by its competitive pricing compared to other luxury markets, such as the French and Italian Rivieras.
Greek Trade Deficit at €2.8 Billion in January: ELSTAT
The Greek trade deficit amounted to €2.8 billion in January, according to data from the Hellenic Statistical Authority (ELSTAT).
How to Buy Your First Home Tax Free In Greece
Greece's tax authority has compiled a guide addressing the most common questions regarding the transfer tax exemption for first-time home purchases.
Greece’s Inflation Eases to 2.5% in February, but Key Costs Still Soar
The data shows significant price increases in certain sectors, with hotels seeing a rise of 17.5%, air travel prices going up by 10.8%, rent rising by 9.9%, and health insurance premiums climbing by 7%.
Greek Tourism Booms with 6-7% Rise in Bookings This Season
Data from ITB Berlin highlights Crete and Rhodes as the top-performing destinations, maintaining their strong appeal among European travelers with double-digit booking increases.
ENFIA 2025 Property Tax Statements Now Available on Taxisnet
Properties valued at up to 500,000 euros that are insured against earthquakes, fires, and floods for the entire duration of 2024 will receive a 20% discount, double the 10% offered last year.
Attica’s Real Estate Market: Prices Surge 88% Since 2017
The city center remains a key area of interest, with an average asking price of 2,524 euros per square meter, reflecting a 5.21% increase from February 2024.
Cruise Tourism in Greece to Soar Despite Santorini’s Earthquakes
Another key development in Greece’s cruise industry is the increase in port fees, particularly in high-traffic destinations like Mykonos and Santorini
