 |
|
| Type | Public |
|---|---|
| Founded | 1976 |
| Headquarters | Nicosia, Cyprus |
| Area served | Cyprus, Greece and UK |
| Industry | Finance |
| Products | Banking |
| Website | http://www.hellenicbank.com/ |
Hellenic Bank (CSE: HB), is the third largest bank on the island of Cyprus with a 10.47% share of deposits and 7.92% of the loans market. Its shares are listed on the Cyprus Stock Exchange.
The bank was founded in 1976 and in 1996 it bought the local operations of Barclays Bank. A major shareholder (29%) is the Cypriot Orthodox Church.[1] The Church of Cyprus increased its stake in Hellenic Bank through big block trading passed through the Cyprus Stock Exchange on October 10, 2007. Specifically, Athena Cyprus Investments, which was successfully acquired by Hellenic Bank earlier in the year sold 2.8 mln shares of HB at EUR 5.40 amounting to EUR 15.3 mln.
External links
References
- ^ "Church of Cyprus Increases Stake in Bank". Yahoo! Finance (Associated Press). Feb 1, 2007. http://biz.yahoo.com/ap/070201/cyprus_church_bank.html?.v=1. Retrieved on 2007-02-02.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)
