•  Network
  •  (+30) 210-366 9000
  •  (+30) 210-366 9600

Our News

Keep up with our latest news

Attica Bank S.A. informs its investors that the Board of Directors during at its today’s meeting, December 17th 2020, accepted the resignation of the executive member of the BoD, Mr. Antonis Vartholomeos. The Board of Directors reserved the right to fill the vacant position of the member of the Board at its next meeting.

The representation of the Bank remains as determined by the BoD meetings No. 1334/10-11-2020 και 1335/30-11-2020.

 

Attica Bank S.A.

Attica Bank informs its investors that the Announcement of the Q3 2020 Financial Results and the publication of the Condensed Interim Consolidated Financial Statements for Q3 2020, which according to the financial calendar was scheduled to take place on November 26th 2020, are going to take place on December 17th 2020.

 

ATTICA BANK S.A.

Attica Bank S.A. informs its investors that the Board of Directors during at its today’s meeting, November 10 2020, following the resignation of the Chairman of the Board and non-executive member, Mr. Konstantinos Mitropoulos, elected a new Chairman of the Board, Mr. Konstantinos Makedos and Mr. Konstantinos Tsagkaropoulos as Vice President and was reconstituted as follows:

 

  1. Konstantinos Makedos, Chairman of the BoD (Non-Executive member)
  2. Konstantinos Tsagkaropoulos, Vice – Chairman of the BoD (Non-Executive member)
  3. Theodoros Pantalakis, Chief Executive Officer (Executive member)
  4. Ioannis Tsakirakis, Deputy Chief Executive Officer (Executive member)
  5. Antonios Vartholomaios, Deputy Chief Executive Officer (Executive member)
  6. Alexios Pelekis, (Non-executive member)
  7. Georgios Doukidis, (Independent Non-executive member)
  8. Eleni Koliopoulou, (Independent Non-executive member)
  9. Charitonas Kyriazis, (Independent Non-executive member)
  10. Andreas Taprantzis, (Independent Non-executive member)
  11. Aikaterini Onoufriadou, (Additional non-executive member and representative of the Greek State under the provisions of Law 3723/2008, as in force)

At today's meeting, the responsibilities and the representation of the Board of Directors have been also redefined. The term of the Board of Directors remains as determined by the decision of the Shareholders’ General Meeting dated 02.09.2020, i.e. three years.

 

ATTICA BANK S. A.

 

Following a relevant request from the Capital Markets Committee and the announcement of 16.09.2020 of the Bank, Attica Bank informs its investors that:

With the new structure, the Bank proceeded to the restructuring of Artemis transaction, in accordance with the new supervisory framework for securitizations of non-performing loans /exposures (“NPE”), as in force from 01.01.2020. In this context, a Mezzanine Note of a nominal value of €38 million is created.

Furthermore, the restructuring settles the flows of the involved parties/bond-holders of Artemis transaction, as well as the servicer’s payments, achieving a balanced distribution of the future cash flows from the NPEs portfolio management, with front-loaded collections for the Bank, while the total estimated collections from Artemis portfolio remains unchanged.

Therefore, the above-mentioned amendments provide improved valuation of bonds value that will be quantified over the lifetime of the securitization. The final impact of the restructuring of Artemis transaction will be reflected in the interim condensed Financial Statements of September 30, 2020.

 

ATTICA BANK S.A.

Search News

Popular News