Once the still pending supervisory approvals come through, Eurobank anticipates its participation in Hellenic Bank’s shares will increase to 55.3% within the second quarter of this year.
Eurobank's move to strengthen its presence on the island, where it has already been active since 2007 through Eurobank Cyprus, is part of the group's broader extroverted and developmental vision to fortify its degree of internationalisation, with the success of its expansion beyond