trending Market Intelligence /marketintelligence/en/news-insights/trending/IsYhb08L5ykxnaqM0pIRWA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Hellenic Bank acquires remaining 27.5% stake in Hellenic Alico Life

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcasts

StreetTalk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

Street Talk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

The Evolution of ESG Factors in Credit Risk Assessment: Environmental Issues


Hellenic Bank acquires remaining 27.5% stake in Hellenic Alico Life

Hellenic Bank PCL acquired the remaining 27.5% stake in its Hellenic Alico Life Insurance Co. Ltd. subsidiary from Metlife Services Cyprus Ltd.

The Cyprus-based bank now owns 100% of the share capital of Hellenic Alico Life.

The consideration for the sale, announced in October, is €5.9 million, payable in cash. The transaction is not expected to have a material impact on the bank's capital ratios or its financial position.