CrediaBank

Last updated
CrediaBank SA
Attica Bank
Native name
Attica Bank Ανώνυμη Τραπεζική Εταιρεία
Athex:  TATT
Industry Financial services
Founded5 February 1925;100 years ago (1925-02-05) [1] in Greece
Headquarters,
Number of locations
78 branches
Area served
Greece
Key people
Konstantinos Herodotou (Chairman)
Eleni Vrettou (CEO)
Total assets €7,167 billion (Q1 2025)
Owners HCAP (36,2%)
Thrivest Holdings (57,6%)
[2]
Subsidiaries Attica Bancassurance Agency S.A.
Website www.atticabank.gr

CrediaBank, formerly known as Bank of Attica and Attica Bank, is a banking group based in Athens, Greece, and listed on the Athens Stock Exchange.

Contents

History

The Bank of Attica was founded in November 1924 in Piraeus by Andreas M. Spyrakis together with other merchants and industrialists, and started operations in February 1925. In 1964, it was acquired by the Emporiki Bank group of companies and was listed on the Stock Exchange. In June 1997, Emporiki Bank transferred part of its shares to the Public Works Engineers' Fund (TMEDE) and the Deposits and Loans Fund through the Stock Exchange, retaining approximately 17% of the Bank's shares until September 2002, which it then transferred to the Postal Savings Bank. [3]

During the 2013-2018 period, the Bank issued a Convertible Bond Loan, as well as share capital increases, with the aim of consolidating its balance sheet and completing the restructuring of its operating model. [3]

In December 2021, Attica Bank proceeded with a share capital increase of €240 million, which was completed with full coverage. [3]

In April 2023, the share capital increase of €473.3 million was completed with full coverage, with the shareholding structure being as follows: Hellenic Financial Stability Fund with a percentage of 72.5%, National Social Security Institution with a percentage of 7.6%, Pancretan Bank S.A. with a percentage of 5%, Thrivest Holding Ltd. with a percentage of 4.4%, the Public Works Engineers' Fund (TMEDE) with a percentage of 4% and other persons with a percentage of 6.5% of the total shares of the Bank. [3]

On September 6, 2024, the merger by absorption of the Pancretan Bank by the Bank of Attica was completed. [4]

In August 2025, the group announced its rebranding as CrediaBank Group, to be implemented later in the year 2025. [5] A month later, HSBC announced it had selected CrediaBank as preferred bidder for the acquisition of HSBC Malta, marking a new phase of the group's cross-border expansion. [6]

Companies in the group

CrediaBank is the fifth largest Greek bank and is active in financing mainly small and medium-sized enterprises and in the private market while at the same time, offering a range of deposit, investment and insurance products, mutual funds and stock exchange trading services to its customers.

Attica Bank Assurance Agency S.A. [7] Its mission is to undertake, directly or through other intermediaries (Insurance Consultants), insurance work on behalf of one or more insurance companies and to find suitable insurance products from the market for Attica Bank customers.

Sustainable and environmentally responsible banking

Attica Bank fully aligns its new strategy with the principles and objectives of sustainable banking, acquiring a clear environmental orientation with particular emphasis on: [8]

References

  1. "ATTICA VANK ANONYMH TRAPEZIKI ETAIREIA".
  2. "Profile - athexgroup.gr".
  3. 1 2 3 4 "Historical Journey". Attica Bank. Retrieved 4 September 2025.
  4. "Merger by absorption of the Bank by Attica Bank". pancretabank.gr. Retrieved September 9, 2024.
  5. Anthee Carassava (12 July 2025). "Attica Bank Rebrands as CrediaBank, Signaling New Era in Greek Banking". iefimerida.
  6. Neville Borg (15 August 2025). "HSBC selects Greece's CrediaBank as its preferred bidder". Times of Malta.
  7. "Attica Bank Assurance Agency S.A." www.atticabank.gr. Retrieved 2022-10-27.
  8. "Sustainable and environmentally responsible banking". www.atticabank.gr. Retrieved 2022-10-27.