Proton Bank

Infobox_Company
company_name = PROTONBANK S.A.
company_
company_type = Public (ATHEX: [http://www.ase.gr/content/gr/Companies/ListedCo/Profiles/Profile.asp?CID=950 ΠΡΟ] )
foundation = 2001
location =
key_people = Angeliki Frangou, Chairman
Anthony Athanasoglou, Vice chairman
Elias Lianos, CEO
(late) John Markopoulos, Chairman
num_employees = 670 (2007)
industry = Banking
products = Investment banking, Commercial banking, Financial Services, Insurance, Electronic trading|
homepage = [http://www.protonbank.gr/ www.protonbank.gr]

Proton Bank (in Greek Proton Τράπεζα Α.Ε.) was established in 2001 and officially commenced its operations as a specialised investment bank in 2002. The founders of the bank are the late John Markopoulos, Anthony Athanasoglou and Elias Lianos. Following a rapid development path, the Bank was listed on the Athens Stock Exchange in December 2005 and later absorbed three listed closed-end funds, namely Arrow, Exelixi and Eurodynamics. In 2006 Proton Bank absorbed OMEGA Bank, with the new entity’s share capital reaching € 650 mil.

It has its headquarters located at Eslin & 20 Amaliados Str. in Athens, and has 28 branches across Greece.

Banking services

Proton Bank offers private and corporate banking services. The private banking division offering includes deposits, loans and credit cards, portfolio management, asset management, brokerage services and mutual funds. The corporate banking division offers working capital financing, customer-tailored loans, treasury products and brokerage services.

Brokerage services

Proton Bank is member of Athens Stock Exchange, EUREX and Cyprus Stock Exchange.It was the first broker in Greece to establish and operate the Reuters Order Routing system in both modes, allowing Proton Bank to operate in Execution Venue Mode receiving orders directly on-line from foreign brokers for the Athens Exchange, as well as in Order Entry Mode placing orders directly on-line to foreign brokers, members of international exchanges.Proton Bank consistently rank among the cite web
title =top ten brokers in Greece
url = http://www.ase.gr/content/gr/members/info/tziros.asp , in terms of market share in the cash market. A top ten position is also being held in the rank in the derivatives market.

Bank Hapoalim

In December 2007 Bank Hapoalim ( [http://stocks.us.reuters.com/stocks/overview.asp?symbol=BKHPF.PK BKHPF.PK] ) started negotiations with Proton Bank's major shareholder IRF investment fund (of Angeliki Frangou) over a possible buy out. [cite news | first= | last= | coauthors= | title= Proton Bank: Σε συζητήσεις με την Hapoalim | date=13 Dec 2007 | publisher=Capital.gr | url =http://www.capital.gr/news.asp?details=410829 | work = | pages = | language = Greek ] [cite news | first= | last= | coauthors= | title= Στο 35% της Proton Bank "στοχεύει" η Hapoalim | date=9 Jan 2008 | publisher=Capital.gr | url =http://www.capital.gr/news.asp?details=421262 | work = | pages = | language = Greek ] [cite news | first= | last= | coauthors= | title= Aμεσα κλείνει το deal μεταξύ Hapoalim και Proton bank στα 10 ευρώ | date=18 Feb 2008 | publisher=Reporter.gr | url = http://www1.reporter.gr/default.asp?pid=16&la=1&art_aid=126924 | work = | pages = | language = Greek ]

Business Game

In February 2008 Proton Bank and Business Player magazine have organized the first business game in Greece. A number of magazine's subscribers are "contesting" in a virtual ATHEX stock market with a prize of the profits of their virtual portfolio.

ee also

*List of banks in Greece
*List of companies listed on the Athens Stock Exchange

References

External links

* [http://www.protonbank.gr/ Proton Bank]
* [http://www.ase.gr/content/gr/Companies/ListedCo/Profiles/Profile.asp?CID=950 ATHEX company profile] (in Greek)
* [http://stocks.us.reuters.com/stocks/fullDescription.asp?symbol=PRBr.AT&WTmodLOC=C5-Profile-1 REUTERS company profile]
* [http://www.ase.gr/content/gr/members/info/tziros.asp ATHEX Broker rank ] (in Greek)
* [http://www.marketingweek.gr/default.asp?pid=9&la=1&cID=3&arID=12689 Business Player magazine]