trending Market Intelligence /marketintelligence/en/news-insights/trending/IsYhb08L5ykxnaqM0pIRWA2 content esgSubNav
In This List

Hellenic Bank acquires remaining 27.5% stake in Hellenic Alico Life

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


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.