Hellenic Bank board approves merger process with Eurobank Cyprus

The board of directors of Hellenic Bank has decided to proceed with the merger of the bank with Eurobank Cyprus , it emerged on Friday.

Hellenic Bank officially announced that the process will commence with the transfer of Eurobank Cyprus’ banking operations to Hellenic Bank, followed by the full merger of the two organisations.

This will be achieved through a restructuring and merger plan in line with the provisions of