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Commercial Bank

During a press conference given yesterday in Thessaloniki by the management of EFG Eurobank to media representatives from northern Greece, Mr. Nicholas Nanopoulos, the Bank’s CEO, in response to a journalist’s question, referred among others to the question of Commercial Bank.

During a press conference given yesterday in Thessaloniki by the management of EFG Eurobank to media representatives from northern Greece, Mr. Nicholas Nanopoulos, the Bank’s CEO, in response to a journalist’s question, referred among others to the question of Commercial Bank. Given the importance of the matter, the following clarification is deemed necessary to avoid any possible misinterpretation. His statement was as follows:
“Within the process currently under way for the flotation of up to 10 per cent of Commercial Bank’s shares, the EFG Eurobank group would be interested in initiating a discussion about a possible offer, as well as a possible strategic cooperation framework involving specific banking activities, aiming at providing mutual benefits to both banking groups.”