Marfin: Completion of merger of Egnatia Bank, Marfin Bank and Laiki Bank (Hellas)
3/7/2007 12:31
Marfin Popular Bank Public Co Ltd announces the completion of the merger of Egnatia Bank, Marfin Bank and Laiki Bank (Hellas) SA on June 30, 2007. The legal merger was finalized on June 29, 2007. From Monday, July 2, the new bank, which will be subsidiary of Marfin Popular Bank, will operate under the new name Marfin Egnatia Bank.
Commenting on the completion of the merger of the three Greek banks, Marfin Popular Bank CEO, Andreas Vgenopoulos stated: “The completion of the legal and operational merger of our three banks in Greece is one more example of a model adoption of complicated projects by Marfin Popular Bank. The project was completed as planned, without delays. Marfin Egnatia Bank is the keystone for our strategic expansion in Greece. We believe that the Greek customer can find a friendly, approachable bank and a creative, fast and flexible organization.
Commenting on the completion of the merger of the three Greek banks, Marfin Popular Bank CEO, Andreas Vgenopoulos stated: “The completion of the legal and operational merger of our three banks in Greece is one more example of a model adoption of complicated projects by Marfin Popular Bank. The project was completed as planned, without delays. Marfin Egnatia Bank is the keystone for our strategic expansion in Greece. We believe that the Greek customer can find a friendly, approachable bank and a creative, fast and flexible organization.
