Attica Bank was established in 1925 and operates mainly in the financial sector providing a vast range of financial services to individuals and businesses. The Attica Bank Group, apart from the holding company, includes a subsidiary and a related company, which operate in Greece. The Bank has 47 branches, 45 of which are retail banking branches and two of them are business centers.
Attica Bank is financing mainly small and medium enterprises and individuals. Simultaneously, Attica Bank offers a range of deposit, investment and insurance products, mutual funds and stock trading services. In 1964, Attica Bank was acquired by Emporiki Bank Companies Group and was listed on the Athens Stock Exchange. In June 1997 Emporiki Bank transferred through the Athens Stock Exchange part of its shares to the Engineers' and Public Works Contractors' Pension Fund (TSMEDE) and Deposit and Loans Fund, retaining the 17% of the Bank’s shares until September 2012, which was then transferred to PostBank. During 2013-2018, the Bank proceeded to the issuance of a convertible Bond Loan as well as to consecutive Share Capital Increases aiming at the clean-up of its Balance Sheet and the restructuring of its business model and operations.
In April 2023, Attica Bank proceeded to a share capital increase of €473.3mln, which was fully covered.
The Bank’s shareholding structure is:
| Shareholders | Percentage |
|---|---|
| Hellenic Financial Stability Fund | 69.5% |
| e-EFKA | 8.39% |
| Pancreta Bank | 5.6% |
| Thrivest Holding LTD | 4.9% |
| TMEDE | 4.5% |
| Other Shareholders (<5%) | 7.2% |
The Attica Bank share participates in the following indices of the Athens Stock Exchange Group: All Shares Index and ESG Index.
The Bank’s credit assessment has been assigned to the international rating agency Moody’s. The most recent assessment of Attica Bank was carried out in November 2022 (Moody’s Credit Opinion).