Emporiki Bank
Head of Attica Bank dies at 69
Prominent Greek banker Giorgos Michelis, who was appointed as Chairman of the Board of Attica Bank in late March, died on Saturday at the age of 69.
Michelis had many years of banking experience having served as CEO of Bancpost, a subsidiary of Greece's Eurobank in Romania, general manager of Emporiki Bank and executive vice president and chief operating officer at Egnatia Bank.
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Certain bank staff can collect pension before 67
A Council of State decision gives certain bank employees the right to retire with a full pension without having reached the official retirement age (67), on the sole condition that they have fulfilled the necessary number of years of service.
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Alpha Bank Cyprus to absorb local Emporiki
The governing board of Alpha Bank Cyprus agreed on Monday to the acquisition of Emporiki Cyprus, the subsidiary of Greeces Emporiki Bank which has been absorbed by the Alpha Group.
Alpha Bank Cyprus will acquire 100 percent of Emporikis shares, with the two banks merging through Alphas absorption of Emporiki.
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