DIAS Interbank Systems

Competition watchdog says bank raid 'initial step' in pricing probe

Greece's competition watchdog says raids at the headquarters of the country's four systemic banks as well as the Hellenic Bank Association (EET) and DIAS Interbank Systems on Thursday and Friday was an "initial step" in its inquiry into possible cartel practices regarding customer charges.

Probe launched into suspected bank cartel, as fresh raid carried out

Competition Commission officials launched extensive inspections without prior warning at the headquarters of the country's four systemic banks as well as the Hellenic Bank Association (EET) and DIAS Interbank Systems on Thursday, in a bid to probe possible cartel practices regarding customer charges.