Eurobank Ergasias

The euro Ergasias (formerly EFG Euro Ergasias ) is the third largest bank in Greece, based in Athens and, like the EFG International in possession of the owner Spiros Latsis. The bank has 24,500 employees and is down to Greece mainly in Southeast Europe active.

History

In 1990 the " Euro Merchant Bank SA " was founded, it was followed by the acquisition of additional small banks in Greece, including 1999, the Bank of Athens and the Bank of Crete.

A merger between Alpha Bank and the Euro Ergasias in 2011 failed because both banks were affected at the time of the Greek debt haircut.

In February 2013 merger of the euro Ergasias was discussed with the National Bank of Greece, after this step is not carried out, the Euro Bank had under the Bank bailout .. The Euro Bank was incorporated in the Hellenic Financial Stability Fund.

Significant acquisitions abroad

Others

Euro Bank is also the acronym for the new European Central Bank in Frankfurt- Ostend. However, the current euro Ergasias used the name Euro Bank since 1997, before the establishment of the ECB.