CrediaBank: Early repayment of Tier II bonds amounting to 23.5 million euros

The bond had been issued by Pancretan Bank in March 2021.

CrediaBank: Early repayment of Tier II bonds amounting to 23.5 million euros

This article is an AI translation of an original piece published in Greek. Read original

CrediaBank announces that, following receipt of the relevant approval from the Bank of Greece, on 19.10.2026 it will proceed with the early repayment of a subordinated bond loan (Tier II) with a nominal principal amount of €23,500,000, bearing an annual interest rate of 6%, with a duration of 7 years, which had been issued by Pancretan Bank S.A. in March 2021, and for which the Bank succeeded as issuer, due to a merger.
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