- ATEbank
Infobox_Company
company_name = ATEbank
company_
company_type = Public
foundation = 1929 as Agricultural Bank of Greece
location =Athens ,Greece
key_people = D. Miliakos, Chairman
V. Drougas, Vice Chairman
industry =Finance
products =Financial Services
revenue = 0.97 Billion €
operating_income =
net_income = 0.21 Billion €
num_employees = 6.319
homepage = [http://www.atebank.gr www.atebank.gr]The Agricultural Bank of
Greece is a commercial bank based in Athens, Greece. The bank was founded in 1929. The bank proclaimed that it would focus on the Balkan bank market, with the business activities of supporting of the agricultural sector. ATEbank held a strong position atAthens Stock Exchange.The Bank's development of business activities called for a new name and corporate image as "ATEbank".The ATEbank Balkan expansion
Romania
As a part of strategy of expansion in
Balkan in 2006 ATEbank acquired majority state inRomania 's Mind Bank.erbia
On 11.09.2006 ATE Bank announced it had acquired 24.99 pct of common and 24.99 pct of preferential shares of
Serbia 's Aik Bank,Nis for an undisclosed amount. AIK Bank Nis is listed on the Belgrade Stock Exchange, it's the most profitable bank and has a 3 pct market share. The transaction need approvals from the central banks of Greece and Serbia, which is expected by the end of this month.External links
* [http://www.atebank.gr ATEbank, Greece official website]
* [http://www.atebank.ro ATEbank, Romania official website]
* [http://www.aikbanka.co.yu/stre/indexe.htm AIK Bank Nis, Serbia official website]
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