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Eurobank Ergasias acquires Hellenic Bank shares

PUBLIC · EURBFApr 27, 2025

Acquiring Company

Eurobank Limited

Acquired Company

Hellenic Bank

NicosiaNicosiaFinancial ServicesFinanceLendingBankingFinancial Services

Description

Eurobank Ergasias has successfully completed its takeover bid for the acquisition of share capital of Hellenic Bank Public Company. This acquisition signals Eurobank's strategic intent to reinforce its position in the financial sector. Eurobank Ergasias is already a prominent player in the banking industry in Greece. The transaction enhances Eurobank’s operational capabilities and market share.

Quick answer

Eurobank Limited is acquiring Hellenic Bank, announced April 25, 2025. Eurobank Limited is based in Nicosia, Cyprus, Cyprus.

How much did Eurobank Limited pay for Hellenic Bank?
The deal value was not disclosed.
What does Eurobank Limited do?
Eurobank Limited is a major banking institution formed through the merger with Hellenic Bank.
Where are Eurobank Limited and Hellenic Bank based?
Eurobank Limited is based in Nicosia, Cyprus, Cyprus. Hellenic Bank is based in Nicosia, Cyprus, Cyprus.
Who are the decision-makers at Eurobank Limited?
Fundz holds 2 contacts at Eurobank Limited. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Eurobank Limited

Location

Nicosia, Cyprus, Cyprus

About

Eurobank Limited is a major banking institution formed through the merger with Hellenic Bank. The new entity aims to provide high-quality banking services based on local expertise and international standards. Eurobank is focused on upgrading the banking experience with an emphasis on seamless customer service. It combines strong financial backing with advanced banking solutions.

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Frequently asked

Who acquired Hellenic Bank?

Hellenic Bank was acquired by Eurobank Limited, based in Nicosia. The deal was reported on April 27, 2025. Eurobank Limited is a major banking institution formed through the merger with Hellenic Bank. The new entity aims to provide high-quality banking services based on local expertise and international standards. Eurobank Limited is publicly traded (EURBF) and operates in Financial Services.

When did Eurobank Limited acquire Hellenic Bank?

Eurobank Limited's acquisition of Hellenic Bank was reported on April 27, 2025. Eurobank Ergasias has successfully completed its takeover bid for the acquisition of share capital of Hellenic Bank Public Company. This acquisition signals Eurobank's strategic intent to reinforce its position in the financial sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Hellenic Bank do?

Hellenic Bank is a leading financial institution in Cyprus, offering a wide range of banking and financial services to individual and corporate customers. It is privately held, operating in Financial Services, and is based in Nicosia.

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