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Attica Bank is one of the Banks  participating in the Hellenic Deposit and Investment Guarantee Fund (TEKE).

The Bank ensures its deposits, irrespective of currency, through the coverage provided by the Deposit Cover Scheme (DCS) of the Deposit and Investment Guarantee Fund (TEKE) in accordance with the provisions under Law 4370/2016, as applicable.

In the case where TEKE possibly activates the reimbursement process,  the reimbursement amount is calculated taking into account the deposit account balances   minus any counter claims that the Bank may have against the beneficiary/depositor, if these counterclaims  have been overdue and payable on or prior to the failure date, based on data and information provided to TEKE by the liquidator of the institution under liquidation and according to the provisions of the Greek Civil Code,  and the legal and contractual provisions governing the overall relationship between the depositor and the credit institution under liquidation

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Attica Bank announces that the articles published today on the website bankingnews.gr regarding an alleged ‘freezing’ of the issuance of letters of guarantee to civil engineers and of lending in general, due to an inquiry by the public prosecutor that is supposed to be underway, are totally unsupported, untrue and defamatory.
No public prosecutor has addressed the Bank, nor any judicial inquiry is taking place and the Bank continues to be fully operative in all respects in the provision of all of its services.  
As to this outrageously untruthful misinformation, the Bank will take legal action immediately asking for the exemplary punishment of all responsible persons.

                                                               ATTICA BANK  S.A.

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