Thedayaftergr

The Athens Stock Exchange today welcomed the management, executives, and partners of CrediaBank on the occasion of the commencement of trading of the bank’s new shares. The Chief Executive Officer of CrediaBank, Eleni Vrettou, declared the opening of the trading session by ringing the traditional bell.

“Today, CrediaBank is the fifth-largest bank in Greece in terms of total assets and represents a modern banking institution, with improved financial metrics, enhanced profitability, and strong capital adequacy. Following the successful completion of the share capital increase and the entry of strong international investors into its share capital, the bank has increased its free float and trading liquidity. We hope that this new chapter will mark the beginning of an even more successful course, with the continuous strengthening of its financial performance, value creation for its shareholders, and the further consolidation of its presence in the markets, both in Greece and internationally. On our part, we will continue to actively support every effort that promotes transparency, growth, and the outward orientation of the Greek capital market,” stated, among others, the Chief Financial Officer of Athens Exchange Group, Nick Koskoletos.

From her side, the Chief Executive Officer of CrediaBank, Eleni Vrettou, emphasized: “Today, we ring the bell with special symbolism: the transition from a period of reinvention to a new phase of growth and extroversion. The successful completion of the share capital increase, with the broad participation of high-caliber investors from Greece and abroad, as well as thousands of retail investors, confirms in practice the market’s confidence in our strategy. Especially in a context of geopolitical instability, this trust carries double the value and an even greater responsibility for us. The significant strengthening of our capital position through this transaction enables us to accelerate our growth trajectory, creating a strong banking institution with an international orientation and continuously expanding prospects. However, we do not stop here. We continue to work towards one goal: to be the best bank for everyone.”

Finally, the Vice Chairman of the Hellenic Capital Market Commission, Michalis Fekkas, noted:...