CrediaBank: Merger with Europe Holdings approved

The merger was approved by a decision of the Ministry of Development, which was posted on Diavgeia. The amendment to the bank’s articles of association concerning its share capital was also approved.

CrediaBank: Merger with Europe Holdings approved

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

A decision by the General Secretariat of Commerce at the Ministry of Development, posted on Diavgeia, approves the merger by absorption of Europe Holdings by CrediaBank.

Under the decision, reference number 4309759 ΑΠ, the merger of the two sociétés anonymes is approved under Article 16 of Law 2515/1997, Articles 6-21 and 30-34, and Article 140(3) of Law 4601/2019, as well as the relevant provisions of Law 4548/2018.

The approval follows resolutions passed at extraordinary general meetings of the shareholders of both companies on 23 October 2026, as well as the notarial deed of merger, number 52.297/23-10-2026.

The same decision also approves an amendment to Article 5 of CrediaBank’s articles of association, which concerns the bank’s share capital, as a result of the merger and in line with the relevant resolution passed at the bank’s extraordinary general meeting on 23 October.

The grounds for the decision include, among other documents, the draft merger agreement dated 16 September 2026, reports by the companies’ statutory auditors at PwC, TMS, KPMG and BDO, and reports by their boards of directors to the general meetings of shareholders.

The decision also refers to a document from the Bank of Greece’s Credit System Supervision Directorate, stating that the merger in question is not subject to approval by the central bank.

Finally, the decision provides for its registration in the General Commercial Registry (GEMI) and for a relevant announcement to be published on the GEMI website.

Source: AMNA

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