Historical journey
Attica Bank begins its journey in the first decade of the interwar period. In 1924, businessman Andreas M. Spyrakis laid the foundations for the establishment of a financial institution aimed at utilizing refugee capital and strengthening the industrial and commercial sector. Together with other merchants and industrialists, he founded the then Bank of Attica in Piraeus in November 1924. A few months later, with Government Gazette 20 of 4 February 1925, the Articles of Association of Attica Bank were published in the Government Gazette and the bank began operating.
In 1964 the Bank was taken over by the Emporiki Bank Group of Companies and was listed on the Stock Exchange for the first time.
In June 1997, Commercial Bank transferred through the Stock Exchange part of its shares to the Pension Fund for Engineers and Public Works Contractors (TSMEDE) and the Deposit and Loan Fund, retaining until September 2012 approximately 17% of the Bank’s shares, which were subsequently transferred to the Postal Savings Bank.
During 2013-2018, the Bank issued a Convertible Bond Loan and successive share capital increases, with the aim of consolidating its balance sheet and completing the restructuring of its operating model.
In April 2023, the Bank’s share capital increase of €473.3 million was completed with full coverage.
The Bank’s shareholder composition is as follows:
| Shareholders | Percentage |
| FINANCIAL STABILITY FUND | 72,5% |
| e-FEDERAL SOCIAL SECURITY FUND | 7,6% |
| PANCRETAN BANK | 5% |
| THRIVEST HOLDING LTD | 4,4% |
| FUND FOR ENGINEERS AND PUBLIC WORKS CONTRACTORS | 4% |
| OTHER SHAREHOLDERS (<5%) | 6,5% |
Attica Bank’s share is included in the following indices of the Athens Exchange: All Share Index (ASI).
The Bank’s credit rating is assigned to Moody’s, the international rating agency. The most recent rating of Attica Bank was carried out in September 2023 (Moody’s Credit Opinion).
Today, Attica Bank Group, consistently, reliably and on the cutting edge of digital modernization, continues to support individuals and entrepreneurs, actively contributing to the country’s economic recovery and the promotion of entrepreneurship.