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Geniki Bank

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Geniki Bank
Native name
Γενική Τράπεζα της Ελλάδας Α.Ε.
Company typePrivate
IndustryFinance and Insurance
FoundedAthens, Greece (1937 (1937))
DefunctNovember 2014 (2014-11)
FateAcquired by Piraeus Bank
Headquarters,
Key people
Nikos Karamouzis (CEO)
ProductsCommercial banking
financial services
Insurance
Investment banking
Number of employees
1,000 (2014)
ParentPiraeus Bank
Websitepiraeusbank.gr

Geniki Bank, previously known as General Bank of Greece (Greek: Γενική Τράπεζα της Ελλάδας - General Bank of Greece), was a Greek financier group that provided banking and financing services. It operated from 1963 until it was acquired by Piraeus Bank in 2014.

History

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The bank was founded in 1937 as the General Bank of Greece.

The bank had been listed on the Athens Stock Exchange since 26 January 1963. At that time the main shareholder of General Bank of Greece was the Participial Fund of Army.

In March 2004 the majority of shares was acquired by Société Générale Group and the name was changed from General Bank of Greece to Geniki Bank.

In December 2012 all of Société Générale's shares were sold to Piraeus Bank.[1][2]

See also

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References

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  1. ^ Papadoyiannis, Yiannis (28 May 2014). "Absorption of Geniki makes financial sense for Piraeus group". ekathimerini.com. Retrieved 25 January 2016.
  2. ^ "PIRAEUS BANK GROUP – 9ΜΟΝΤΗ 2013 RESULTS". Retrieved 1 December 2013.