On Monday July 15th, 2013, the Hellenic Financial Stability Fund (HFSF)
completed the sale of the New Proton Bank to Eurobank, following the signing
of the binding agreement between the parties.
This sale follows a competitive process, in which Eurobank and certain
financial investors expressed interest. On Thursday July 11th, 2013,
Eurobank filed the only compliant binding offer which met the conditions of the
competition.
The transfer of shares will be completed after the recapitalisation of New
Proton Bank by HFSF, and the necessary approvals from DG Comp, the Bank
of Greece, the Hellenic Competition Authority and the General Assembly of
Eurobank’s shareholders.