Closing of the Acquisition of GENIKI Bank by Piraeus Bank
Piraeus Bank announces today 14/12/2012 the finalization of the acquisition of the entire stake of Societe Generale (99.08%) in GENIKI Bank, having received all required approvals. Following closing adjustments, the investment by Societe Generale amounts to €460 mn versus the €444 mn announced on October 19, 2012.
With the addition of GENIKI Bank, Piraeus Bank Group acquires a fully capitalized and self-funded bank, thus further improving its financial and strategic position.
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The GENIKI Cash 365 Maestro debit card is the card that satisfies each of your needs for purchases and cash, every moment, without charges. More information about the characteristics and the function of your card here.
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Do free transactions at the 2.200 ATMs of the extended network of GENIKI Bank, former ATEbank, Piraeus Bank as well as former networks of Bank of Cyprus, CPB BANK and Hellenic Bank in Greece!
Holders of GENIKI Cash 365 Maestro perform money withdrawals and balance enquiries free of charge.