Announcement • Apr 17
Hellenic Bank Public Company Limited (CSE:HB) completed the acquisition of CNP Cyprus Insurance holdings Ltd. from CNP Assurances SA. Hellenic Bank Public Company Limited (CSE:HB) signed a sales and purchase agreement to acquire CNP Cyprus Insurance holdings Ltd. from CNP Assurances SA for approximately €180 million on July 9, 2024. The transaction is subject to approval by regulatory board / committee and subject to antitrust regulations. The transaction is expected to be completed by first quarter of 2025.
BNP Paribas SA acted as financial advisor for Hellenic Bank Public Company Limited. Ioannides Demetriou LLC acted as legal advisor for Hellenic Bank Public Company Limited. Deloitte Central Europe Ltd. acted as accountant for Hellenic Bank Public Company Limited. Cronje & Yiannas Actuaries and Consultants Ltd acted on the actuarial and HR matters for Hellenic Bank Public Company Limited.
Hellenic Bank Public Company Limited (CSE:HB) completed the acquisition of CNP Cyprus Insurance holdings Ltd. from CNP Assurances SA on April 16, 2025. Announcement • Nov 27
Eurobank S.A. proposed to acquire an remaining 6.53% stake in Hellenic Bank Public Company Limited (CSE:HB) for approximately €130 million. Eurobank S.A. proposed to acquire an remaining 6.53% stake in Hellenic Bank Public Company Limited (CSE:HB) for approximately €130 million on November 25, 2024. In related transaction, Eurobank entered into a purchase and sale agreement to acquire additional 21.33% stake in Hellenic Bank from Demetra Holdings for approximately €430 million and Eurobank also entered into a purchase and sale agreement to acquire additional 3.326% stake in Hellenic Bank from Logicom for a consideration of €66 million. Eurobank currently holds 55.962% in the Bank and will increase its holding to 93.47% after the completion of the both Transactions and the ETYK Transactions. Until completion, the Sellers shall have the full legal and beneficial ownership of the shares agreed to be sold, together with all rights attached thereto.
As announced by Eurobank, in accordance with the provisions of the Takeover Bids Law of 2007 (“Law”), Eurobank will proceed, following the completion of the Transaction, to a tender offer for all the outstanding shares of the Bank that it will not already hold at the time at the same price i.e., €4.843 per share. Given that upon completion of the tender offer, Eurobank will own more than 90% of the issued share capital and voting rights of the Bank, it will exercise the squeeze-out right and take all necessary steps for the delisting of the Bank’s shares from the Cyprus Stock Exchange. Reported Earnings • Nov 07
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: €184.0m (up 11% from 3Q 2023). Net income: €95.4m (up 19% from 3Q 2023). Profit margin: 52% (up from 49% in 3Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €3.85, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 9x in the Banks industry in Asia. Total returns to shareholders of 353% over the past three years. Reported Earnings • Sep 01
Second quarter 2024 earnings released: EPS: €0.23 (vs €0.22 in 2Q 2023) Second quarter 2024 results: EPS: €0.23 (up from €0.22 in 2Q 2023). Revenue: €184.0m (up 14% from 2Q 2023). Net income: €95.7m (up 5.8% from 2Q 2023). Profit margin: 52% (down from 56% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Announcement • Aug 02
Hellenic Bank Public Company Limited, Annual General Meeting, Sep 18, 2024 Hellenic Bank Public Company Limited, Annual General Meeting, Sep 18, 2024. Announcement • Aug 01
Eurobank S.A. completed the acquisition of 0.18807% stake in Hellenic Bank Public Company Limited (CSE:HB) from Senvest Management, LLC and others. Eurobank S.A. submitted a mandatory takeover bid to acquire remaining 44.7% stake in Hellenic Bank Public Company Limited (CSE:HB) from Senvest Management, LLC and others on June 3, 2024. Eurobank offered €2.56 per share to all shareholders who will accept takeover bid. As of announcement date, Eurobank holds 228,253,661 shares representing 55.3% of the total issued share capital of Hellenic Bank. As of June 10, 2024, Eurobank purchased 503,934 shares in Hellenic Bank at the price of €2.56 per share for a total consideration of ca. €1.29 million, brining its stake to 55.42% stake. As the Offeror holds more than 50% of the voting rights, the Takeover Bid is unconditional. As of June 25, 2024, the Cyprus Securities and Exchange Commission (the “CySEC”) approved the publication of the Takeover Bid Document for the acquisition of up to 100% of the issued share capital of Hellenic Bank, whose shares are listed on the Main Market of the Cyprus Stock Exchange (“CSE”). As of June 26, 2024, Eurobank holds 229,029,857 shares, representing 55.48% of the issued share capital of Hellenic Bank.
The transaction is subject to the approval of the Takeover Bid Document by CySEC. The Acceptance Period of the Takeover Bid for the shareholders of Hellenic Bank commences on 1 July 2024 and ends on 30 July 2024, at 14:30. Axia Ventures Group Ltd. and The Cyprus Investment and Securities Corporation Limited (CISCO) acted as financial advisor to Eurobank S.A. CISCO is also acting as the Underwriter Operator pursuant to theprovisions of RAA 96/2008 of Cyprus Stock Exchange (“CSE”) as amended. Barclays Bank Ireland PLC is acting as sole financial advisor and Georgiades & Pelides LLC is acting as sole legal advisor to Hellenic Bank. Houlihan Lokey UK Limited is acting as the independent expert appointed by Hellenic Bank.
Eurobank S.A. completed the acquisition of 0.18807% stake in Hellenic Bank Public Company Limited (CSE:HB) from Senvest Management, LLC and others on July 30, 2024. During the period of the Takeover Bid, the Offeror acquired 776,364 additional shares. Announcement • Jun 05
Eurobank S.A. submitted a mandatory takeover bid to acquire remaining 44.7% stake in Hellenic Bank Public Company Limited (CSE:HB). Eurobank S.A. submitted a mandatory takeover bid to acquire remaining 44.7% stake in Hellenic Bank Public Company Limited (CSE:HB) on June 3, 2024. Eurobank offered €2.56 per share to all shareholders who will accept takeover bid. As of announcement date, Eurobank holds 228,253,661 shares representing 55.3% of the total issued share capital of Hellenic Bank. The transaction is subject to the approval of the Takeover Bid Document by CySEC. Axia Ventures Group Ltd. and The Cyprus Investment and Securities Corporation Limited (CISCO) acted as financial advisor to Eurobank S.A. CISCO is also acting as the Underwriter Operator pursuant to theprovisions of RAA 96/2008 of Cyprus Stock Exchange (“CSE”) as amended. Reported Earnings • May 27
First quarter 2024 earnings released First quarter 2024 results: Revenue: €178.4m (up 41% from 1Q 2023). Net income: €93.3m (up 84% from 1Q 2023). Profit margin: 52% (up from 40% in 1Q 2023). The increase in margin was driven by higher revenue. Reported Earnings • Apr 11
Full year 2023 earnings released: EPS: €0.84 (vs €0.071 in FY 2022) Full year 2023 results: EPS: €0.84 (up from €0.071 in FY 2022). Revenue: €661.0m (up 72% from FY 2022). Net income: €346.3m (up €317.0m from FY 2022). Profit margin: 52% (up from 7.6% in FY 2022). The increase in margin was primarily driven by higher revenue. Net interest margin (NIM): 2.75% (up from 1.60% in FY 2022). Cost-to-income ratio: 34.2% (down from 60.4% in FY 2022). Non-performing loans: 7.53% (down from 21.46% in FY 2022). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: €0.84 (vs €0.077 in FY 2022) Full year 2023 results: EPS: €0.84 (up from €0.077 in FY 2022). Revenue: €661.8m (up 67% from FY 2022). Net income: €346.2m (up €314.6m from FY 2022). Profit margin: 52% (up from 8.0% in FY 2022). The increase in margin was primarily driven by higher revenue. Net interest margin (NIM): 2.75% (up from 1.60% in FY 2022). Cost-to-income ratio: 39.0% (down from 60.8% in FY 2022). Non-performing loans: 7.47% (down from 9.80% in FY 2022). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 23
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: €165.6m (up 66% from 3Q 2022). Net income: €80.4m (up 254% from 3Q 2022). Profit margin: 49% (up from 23% in 3Q 2022). Revenue is expected to decline by 13% p.a. on average during the next 3 years, while revenues in the Banks industry in Asia are expected to grow by 8.0%. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: €0.22 (vs €0.077 in 2Q 2022) Second quarter 2023 results: EPS: €0.22 (up from €0.077 in 2Q 2022). Revenue: €165.1m (up 66% from 2Q 2022). Net income: €90.4m (up 184% from 2Q 2022). Profit margin: 55% (up from 32% in 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 8.7% growth forecast for the Banks industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 25
First quarter 2023 earnings released First quarter 2023 results: Revenue: €126.6m (up 22% from 1Q 2022). Net income: €50.6m (up 88% from 1Q 2022). Profit margin: 40% (up from 26% in 1Q 2022). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Banks industry in Asia. Reported Earnings • Mar 02
Full year 2022 earnings released: EPS: €0.077 (vs €0.01 loss in FY 2021) Full year 2022 results: EPS: €0.077 (up from €0.01 loss in FY 2021). Revenue: €395.4m (up 51% from FY 2021). Net income: €31.7m (up €36.0m from FY 2021). Profit margin: 8.0% (up from net loss in FY 2021). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Banks industry in Asia. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €1.91, the stock trades at a trailing P/E ratio of 15.5x. Average forward P/E is 8x in the Banks industry in Asia. Total returns to shareholders of 131% over the past three years. Announcement • Feb 18
Hellenic Bank Public Company Limited to Report Fiscal Year 2022 Results on Mar 01, 2023 Hellenic Bank Public Company Limited announced that they will report fiscal year 2022 results Pre-Market on Mar 01, 2023 Announcement • Feb 09
Hellenic Bank Public Company Limited Appoints Christodoulos Hadjistavris as Nominations / Internal Governance and Transformation Committees of the Board of Director Hellenic Bank Public Company Limited announced that the Board of Directors of the Bank decided the appointment of Mr. ChristodoulosHadjistavris in the Nominations /Internal Governance and Transformation Committees of the Board of Directors of the Bank, with effect from 8th February 2023. The new composition of the abovementioned Board Committees of the Bank is as follows: Nominations /Internal Governance Committee: Chairperson: Dr. Evripides Polykarpou; Members: Marco Comastri, Stephen John Albutt, Marios Maratheftis, Kristofer Richard Kraus, John Gregory Iossifidis and Christodoulos Hadjistavris. Transformation Committee: Chairperson: Marco Comastri. Members: Dr. Evripides Polykarpou and Christodoulos Hadjistavris. Announcement • Jan 28
Hellenic Bank Public Company Limited Announces Board Changes Hellenic Bank Public Company Limited announced that Mrs. Marianna Pantelidou Neophytou has resigned from the Board and that, following the consent of the European Central Bank, the Board has approved the appointment of Mr. Christodoulos Hadjistavris as Non-Executive Member of the Board of Directors of the Bank, both with effect from 26 January 2023. Announcement • Jan 01
Eurobank S.A. acquired a 3.2% stake in Hellenic Bank Public Company Limited from Senvest Management, LLC for €16.7 million. Eurobank S.A. acquired a 3.2% stake in Hellenic Bank Public Company Limited from Senvest Management, LLC for €16.7 million on December 30, 2022. Eurobank, now holds 15.8% in Hellenic Bank.Eurobank S.A. completed the acquisition of a 3.2% stake in Hellenic Bank Public Company Limited from Senvest Management, LLC on December 30, 2022. Announcement • Dec 10
Hellenic Bank Public Company Limited Announces Chief Executive Officer Changes, Effective 12 December 2022 Hellenic Bank Public Company Limited announced that, in view of the completion of certain investigations undertaken in relation to alleged statements and actions of the Chief Executive Officer (CEO) Mr. Oliver Gatzke, the Board of Directors of the Bank has decided the return of the CEO to his duties, with effect from 12 December 2022. Mr. Petros Arsalides, Company Secretary /General Manager, Chairman's Office & Company Secretariat, who was performing the duties of the CEO during his absence, will resume his duties on the said date. Reported Earnings • Dec 01
Third quarter 2022 earnings released Third quarter 2022 results: EPS: €0.055. Revenue: €99.7m (up 40% from 3Q 2021). Net income: €22.7m (up €22.7m from 3Q 2021). Profit margin: 23% (up from 0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Banks industry in Asia. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improved over the past week After last week's 21% share price gain to €1.23, the stock trades at a trailing P/E ratio of 17x. Average forward P/E is 8x in the Banks industry in Asia. Total returns to shareholders of 43% over the past three years. Announcement • Nov 18
Hellenic Bank Public Company Limited to Report Nine Months, 2022 Results on Nov 30, 2022 Hellenic Bank Public Company Limited announced that they will report nine months, 2022 results on Nov 30, 2022 Price Target Changed • Nov 16
Price target increased to €1.80 Up from €1.00, the current price target is provided by 1 analyst. New target price is 77% above last closing price of €1.02. Stock is up 20% over the past year. The company posted a net loss per share of €0.01 last year. Buying Opportunity • Nov 03
Now 21% undervalued Over the last 90 days, the stock is up 17%. The fair value is estimated to be €1.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.1% over the last 3 years. Earnings per share has declined by 94%. Announcement • Oct 11
Hellenic Bank Public Company Limited Announces Executive Changes Hellenic Bank Public Company Limited announces that, in view of certain investigations being undertaken in relation to alleged statements and actions of the Chief Executive Officer (CEO), the Board of Directors of the Bank has decided, in order to ensure the smooth conduct of the said investigations, that it is proper that the CEO abstains from his duties until the completion of the said investigations. Mr. Petros Arsalides, Company Secretary /General Manager, Chairman's Office & Company Secretariat, will be performing the duties of the CEO during the abovementioned absence. Announcement • Sep 27
Hellenic Bank Public Company Limited Announces the Resignation of Marianna Pantelidou Neophytou from the Board of Directors with Effect from 31 December 2022 Or, Earlier The Non-Executive Director of Hellenic Bank Public Company Limited (the "Bank") Mrs. Marianna Pantelidou Neophytou, representing Wargaming Group Limited ("Wargaming") since December 2013 on the Board of Directors (the "Board") of the Bank, has notified the Bank that, as she will be taking on additional duties at Wargaming in 2023, she will resign from the Board of the Bank with effect from 31 December 2022 or, earlier, on the date her colleague at Wargaming, Mr. Christodoulos Hadjistavris, obtains the required regulatory approval to join the Board of the Bank. Announcement • Sep 09
Hellenic Bank Public Company Limited to Report First Half, 2022 Results on Sep 19, 2022 Hellenic Bank Public Company Limited announced that they will report first half, 2022 results on Sep 19, 2022 Reported Earnings • Jun 11
First quarter 2022 earnings released: EPS: €0.065 (vs €0.031 in 1Q 2021) First quarter 2022 results: EPS: €0.065 (up from €0.031 in 1Q 2021). Revenue: €103.4m (up 40% from 1Q 2021). Net income: €26.9m (up 109% from 1Q 2021). Profit margin: 26% (up from 17% in 1Q 2021). Over the next year, revenue is expected to shrink by 8.6% compared to a 28% growth forecast for the industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Announcement • Jun 01
Hellenic Bank Public Company Limited to Report Q1, 2022 Results on Jun 10, 2022 Hellenic Bank Public Company Limited announced that they will report Q1, 2022 results on Jun 10, 2022 Reported Earnings • Apr 27
Full year 2021 earnings released: €0.01 loss per share (vs €0.12 profit in FY 2020) Full year 2021 results: €0.01 loss per share (down from €0.12 profit in FY 2020). Revenue: €262.6m (down 21% from FY 2020). Net loss: €4.31m (down 109% from profit in FY 2020). Net interest margin (NIM): 1.52% (down from 1.88% in FY 2020). Cost-to-income ratio: 66.1% (up from 60.7% in FY 2020). Non-performing loans: 10.92% (down from 22.10% in FY 2020). Over the next year, revenue is expected to shrink by 1.4% compared to a 30% growth forecast for the banks industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 22
Full year 2021 earnings released: €0.028 loss per share (vs €0.12 profit in FY 2020) Full year 2021 results: €0.028 loss per share (down from €0.12 profit in FY 2020). Revenue: €270.1m (down 19% from FY 2020). Net loss: €4.31m (down 109% from profit in FY 2020). Over the next year, revenue is forecast to grow 39%, compared to a 29% growth forecast for the banks industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Announcement • Apr 21
Hellenic Bank Public Company Limited, Annual General Meeting, Jun 29, 2022 Hellenic Bank Public Company Limited, Annual General Meeting, Jun 29, 2022. Announcement • Apr 12
Themis Portfolio Management Limited entered into agreement to acquire Aps Debt Servicing Cyprus Ltd from Hellenic Bank Public Company Limited Themis Portfolio Management Limited entered into agreement to acquire Aps Debt Servicing Cyprus Ltd from Hellenic Bank Public Company Limited (CSE:HB) on April 11, 2022. The agreement is a package transaction involving (a) the securitisation of c. €1.32 billion NPEs (the “Starlight Portfolio”) and (b) the sale of the Bank’s servicing platform, APS Debt Servicer, to Oxalis Holding S.A.R.L.
The Transaction comprises:
The transfer of the Starlight Portfolio to a Cypriot Credit Acquiring Company (the “CyCAC”) and the subsequent sale of 100% of the shares in the CyCAC to Oxalis,
The securitisation of the Starlight Portfolio and the issuance of senior, mezzanine and junior notes,
Oxalis to acquire 95% of the Mezzanine and Junior Notes of the securitisation of the Starlight Portfolio,
Oxalis to acquire 33,3% of the Senior Note of the securitisation of the Starlight Portfolio,
The Bank will retain 66,7% of the Senior Note and 5% of each of the Mezzanine and Junior Notes,
Sale of 100% of the shares in the APS Debt Servicer to Themis Portfolio Management Ltd (“Themis”), a Cypriot debt management and recovery and property management company, owned by funds managed by PIMCO, and
Signing of a long-term exclusive servicing agreement for the management of the
residual NPE portfolio of the Bank and any additional future defaults that might arise. The Transaction is subject to regulatory and antitrust approvals and it is expected to close by the end of 2022. Announcement • Apr 09
Hellenic Bank Public Company Limited to Report Fiscal Year 2021 Results on Apr 20, 2022 Hellenic Bank Public Company Limited announced that they will report fiscal year 2021 results on Apr 20, 2022 Announcement • Mar 02
Hellenic Bank Public Company Limited Announces Board Appointments Hellenic Bank Public Company Limited announced that the board of directors of the bank decided the appointment of Mrs. Miranda Xafa in the risk management and remuneration committees and the appointment of Mr. Kristofer Richard Kraus in the risk management committee of the board of directors of the Bank, with effect from 28 February 2022. Reported Earnings • Sep 24
Second quarter 2021 earnings released: EPS €0.02 (vs €0.048 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €81.6m (down 1.2% from 2Q 2020). Net income: €8.12m (down 59% from 2Q 2020). Profit margin: 9.9% (down from 24% in 2Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 12
First quarter 2021 earnings released: EPS €0.031 (vs €0.005 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: €74.1m (down 24% from 1Q 2020). Net income: €12.9m (up €15.1m from 1Q 2020). Profit margin: 17% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Apr 10
Full year 2020 earnings released: EPS €0.11 (vs €0.29 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €336.2m (down 11% from FY 2019). Net income: €50.5m (down 53% from FY 2019). Profit margin: 15% (down from 28% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 09
New 90-day high: €0.82 The company is up 13% from its price of €0.73 on 09 December 2020. The Cypriot market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: €0.75 The company is up 28% from its price of €0.59 on 30 September 2020. The Cypriot market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: €0.72 The company is up 27% from its price of €0.57 on 08 September 2020. The Cypriot market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 13% over the same period. Analyst Estimate Surprise Post Earnings • Dec 02
Revenue beats expectations Revenue exceeded analyst estimates by 1.6%. Over the next year, revenue is expected to shrink by 14% compared to a 37% growth forecast for the Banks industry in Asia. Announcement • Nov 21
Hellenic Bank Public Company Limited to Report Nine Months, 2020 Results on Dec 01, 2020 Hellenic Bank Public Company Limited announced that they will report nine months, 2020 results on Dec 01, 2020 Is New 90 Day High Low • Oct 26
New 90-day low: €0.55 The company is down 2.0% from its price of €0.56 on 28 July 2020. The Cypriot market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 4.0% over the same period. Reported Earnings • Sep 27
First half earnings released Over the last 12 months the company has reported total profits of €67.1m, down 80% from the prior year. Total revenue was €374.2m over the last 12 months, up 29% from the prior year. Announcement • Sep 02
Hellenic Bank Public Company Limited Terminates the Employment Agreement of Ioannis Matsis as Chief Executive Officer Hellenic Bank Public Company Limited terminates the Employment Agreement of Ioannis Matsis as Chief Executive Officer. The bank will commence the process to fill the position of the Chief Executive officer. In the meantime, the duties of the Chief Executive Officer will be officiated by Phivos Stasopoulos, General Manager, Business. Announcement • Jun 16
Hellenic Bank Public Company Limited to Report Q1, 2020 Results on Jun 26, 2020 Hellenic Bank Public Company Limited announced that they will report Q1, 2020 results at 9:00 AM, GTB Standard Time on Jun 26, 2020 
