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Topic: Ionian Bank


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In the News (Mon 4 Jun 12)

  
  Alpha Bank - Wikipedia, the free encyclopedia
Alpha Bank is the second largest bank in Greece with 450 branches throughout the country.
In 1918 the banking department of the "J.F. Costopoulos" firm changed its name to Bank of Kalamata.
In 1998 ACB acquired 82.5% of Lombard NatWest Bank in Cyprus and renamed it Alpha Bank Ltd.
en.wikipedia.org /wiki/Alpha_Bank   (393 words)

  
 Ionian bank, Bank of Crete and Bank of Epirothessaly   (Site not responding. Last check: 2007-10-03)
After the death of its founder, the bank merged with National bank of Greece in 1899.
Bank of Crete was founded in 1899 and had the exclusive privilege of issuing banknotes in the island of Crete.
Bank of Crete was merged with National bank of Greece in 1919.
www.geocities.com /greekcurrency/en_banks.htm   (257 words)

  
 Ionian Bank Resource Center - Ionian Bank
The Ionian Bank Ionian Bank was a British overseas bank.
The Bank receives a 20-year grant of the exclusive privilege of issuing and circulating banknotes for the Ionian Islands.
The Egyptian government establishes Bank Al-Goumhourieh to take over the Egyptian operations of Ionian Bank and the Ottoman Bank in the wake of the Suez Canal War.
www.taxgloss.com /Tax-Banks_H_-_K-/Ionian_Bank.html   (435 words)

  
 Greece banking industry, bank Greece, Greek bank, Greece bank, Greek ministry of provincial revenue, Greek finance, ...
Among Greek banks, the Bank of Greece is by far the largest institution, controlling 29 percent of banking assets and 37 percent of deposits in 1991.
The largest among the foreign banks is the New York-based Citibank, which in 1991 controlled about one-quarter of the assets and onethird of the deposits held by foreign banks in Greece.
Smaller subsidiary banks, such as the medium-sized Ionian Bank of Greece, are owned by the Commercial Bank of Greece and the National Bank of Greece.
greece.russiansabroad.com /country_page.aspx?page=169   (1181 words)

  
 Augusta Georgia: features@ugusta: Collection of ancient coins found in Greek bank 5/15/97
Although a spokesman for the state-controlled Ionian Bank refused to comment on the value of the collection, Greek media placed it as high as $540 million.
Bank officials refused to give the name of the depositor or any details of the collection, citing bank confidentiality rules.
Under Greek law, the contents of bank vaults can be appropriated by the state 40 years after the depositor stops paying the storage fees, according to bank officials.
chronicle.augusta.com /stories/051697/fea_oldcoins.html   (183 words)

  
 Athens Exchange
In this area, the Bank is completing its negotiations for its participation in Cosmo-one, a company, which offers the infrastructure for electronic commerce, as well as with Proton World International for drafting the relevant specification and the final agreement for the issuance of a smart card as an electronic portfolio.
We are co-operating with the National Bank of Greece and the Chamber of Commerce and Industry of Athens aiming at the establishment of a subsidiary company for securing signatures in electronic transactions.
She further noted the multiple benefits resulting from the merger with a large banking group such as EFG Eurobank Ergasias, both to the shareholders of Telesis, because the share exchange ratio is fair and reasonable, as well as to its clients, as they will gain access to an especially efficient banking network.
www.ase.gr /content/en/announcements/companiespress/Press.asp?press_id=67   (2266 words)

  
 Fitch IBCA Ratings - Press Releases - Fitch IBCA Places Greece's Alpha Credit Bank On RatingAlert Negative
Ionian is a commercial bank providing a full range of banking services, and is the fourth largest bank in Greece with a market share of around 6% of commercial banking assets.
Ionian's branch network is slightly larger than ACB's and while there is an overlap, especially in urban areas, over half of Ionian's branches are the smaller micro-branches that fit well into ACB's growth plans.
The bank intends to purchase the remaining 49% of Ionian by means of a share-for-share exchange next year.
www.bradynet.com /e1013.html   (688 words)

  
 Developments in banking industrial relations
The Bank of Piraeus was sold to a financial concern, and the Bank of Athens to a Korea n group.
One consequence of such a change in the banking sector would be that the two big banks would determine developments in the banking market, in the operational sphere as well as on labour questions.
Employees' trade unions in the banking sector are getting ready to deal with a series of changes regarding labour relations, the insurance issue, job security and the rights of all banking staff, and the development of the credit system for the benefit of Greek economy and society.
www.eiro.eurofound.eu.int /1998/06/feature/gr9806175f.html   (892 words)

  
 Alpha Bank, Sofia Branch   (Site not responding. Last check: 2007-10-03)
In 1918 the banking department of the "J.F. Costopoulos" firm was renamed to "Bank of Kalamata".
In 1999 the bank acquired 51% of the shares of the Ionian Bank.
In December 2000, after the acquisition of Ionian Bank by ALPHA BANK the Branch was renamed to ALPHA BANK - Sofia Branch.
www.alphabank.bg /history.htm   (217 words)

  
 BULGARIA: COUNTRY COMMERCIAL GUIDE - 1998   (Site not responding. Last check: 2007-10-03)
A two-tier banking system was created with the promulgation of the Law on the Bulgarian National Bank (1991) and the Law on Banks and Credit Activity (1992), which have been changed in 1997 in view of the introduction of the currency board in Bulgaria.
The government's shares in the state-owned banks are still managed by the Bank Consolidation Company (BCC), which was created in 1992 to consolidate Bulgaria's banking sector through the merging of banks for the purpose of shoring up their balance sheets and preparing them for privatization.
The Bank’s involvement will mainly be directed at: support for private sector development through cash and voucher privatization, strengthening the banking sector, and selective support for the development of power generation and municipal infrastructure.
www.mac.doc.gov /tcc/data/commerce_html/countries/Countries/Bulgaria/CountryCommercial/1998/hs~TradeandProject.html   (1920 words)

  
 EMBASSY OF GREECE: PRESS OFFICE - News Flash   (Site not responding. Last check: 2007-10-03)
The Commercial Bank's board yesterday afternoon declared the tender for Ionian Bank null, and said it would re-issue an invitation within three months at the latest.
He di smissed talk that the inconclusive tender for the sale of Ionian Bank, a medium sized bank, could affect the course of the economy.
Commercial Bank, Ionian Bank's parent company, said the three were Jan Morton Heger, with a bid of 340 billion drachmas, Exchange Finance Overseas (Holdings) with 303 billion and the Latsis Group's EFG Eurobank with Ergobank, with a bid of 135.6 billion
www.greekembassy.org /press/newsflash/1998/August/nflash0826.html   (321 words)

  
 Middle Finger News - The Queen's Bribery Gang
Ionian and Poplar Bank, S.A., of Athens, Greece
The Greek bank became the subject of a purported "embezzlement" case until it became evident in the court record that it was the CIA siphoning off funds of their Athens proprietary for political assassination covert operations.
The two banks on Vanuatu, in turn, further laundered the bribery funds for Paul Martin, in concealed fake nominee, fake numbered accounts for him personally, and reportedly by and through his firm, Canada Steamship Lines and their subsidiaries.
www.rense.com /general49/midfing.htm   (2288 words)

  
 [No title]
The first pole was in the Adriatic and Livorno, and the second in the Black Sea during the period of rise of the grain trade and the increase in trips to and from the ports of the Ionian Islands, Odessa, Tangarog and the ports in the Danube.
This is more feasible for the Ionian Islands companies, where the accounts on the ‘Kefallinia’, the largest and oldest insurance company were published in the official State newspaper, while we have the deeds of settlements and the shareholders for all the eight companies of the Ionian Islands.
The emergence of a vibrant insurance and concomitant banking sector coincided with and reflects the course of the port towns mentioned, from growth to decline, as these towns were subjected to the national economic priorities of an expanding Greek kingdom.
www.ehs.org.uk /ehs/conference2004/assets/gekas.doc   (3850 words)

  
 2. THE GREEK FEDERATION OF BANK EMPLOYEE UNIONS. (OTOE)   (Site not responding. Last check: 2007-10-03)
For example, the National Bank Employee Union was founded in 1917, the Bank of Greece Employee Union in 1929, the Agricultural Bank Employee Union in 1932, the Bank of Athens Employee Union in 1934, the Commercial Bank Employee Union in 1945 and the Ionian Bank Employee Union in 1948.
The first bank employees’ federation (OYET - Federation of Greek Banks Employees) was founded in February 1950 by the first level employee unions of the Bank of Athens, the Ionian Bank and the Commercial and Popular Bank.
It should be noted, however, that in the banks of state interest which employ the overwhelming majority of employees in the sector, trade union density reaches 100%, whereas in the small private Greek and foreign banks it is significantly lower and, in certain cases almost non-existent.
www.ine.otoe.gr /ekdoseis/domien/domien_2.htm   (1031 words)

  
 Macedonian Press Agency: News in English, 98-06-02
Although a Greek court ruled last week that the strike conducted by Ionian Bank's disgruntled staff is illegal and has barred its resumption, the undaunted employees are determined to press on with their protest to the privatization of the bank, continuing the strike today and tomorrow.
The Athens-based First Circuit Court ordered workers at state- controlled Ionian Bank to end the strike they have held since May 11.Today, officials of Ionian's staff association, the Federation of Greek Bank Employees' Unions, and the General Confederation of Greek Labor are to meet in order to discuss the government's dialogue proposal.
The opening of a dialogue with the government on the issue of the Ionian Bank was decided in a joint meeting of the presiding boards of the Bank Employees' Union (OTOE), the General Confederation of Labor and the Association of the Ionian Bank Employees.
www.hri.org /news/greek/mpa/1998/98-06-02.mpa.html   (3500 words)

  
 Museum of Engravings and Graphic Arts   (Site not responding. Last check: 2007-10-03)
he course of the Ionian Bank, throughout its 150 years of life, has run parallel to the course of modern Greek engraving.
o celebrate this anniversary, the Bank decided to create a collection of engravings and graphic arts, with the intention of founding a Museum to house this collection, which would cover the lack of such an institution in Greece.
The present administration of the Ionian Bank has already secured a building to house the collection and is proceeding to the foundation of the first Museum of Engravings and Graphic Arts in Greece, which is also the one of the very few in the whole Europe.
www.culture.gr /4/42/422/42202/42202i/e42202i1.html   (205 words)

  
 Coinlink 2006 Numismatic Articles on Banknotes and Currency
One of the rarest holdings in the Banknote Museum of the Ionian Bank of Corfu is this 1860 ‘colonata.’
When the bank was founded on 17th July 1695 through an Act of the Scottish Parliament, Scots coinage was in short supply and of uncertain value compared with the English, Dutch, Flemish or French coin, which were preferred by the majority of Scots.
Starting in 1863 and lasting nearly 70 years, banks across the country were permitted to issue notes with their names on them.
www.coinlink.com /2006/articles/banknotes.html   (3317 words)

  
 ekathimerini.com | ARTS & LEISURE - NEWS
A separate exhibition hall focusing on the Ionian Bank Limited (a British venture and the first bank to operate in Greek territory) includes all types of banknotes that the bank issued from 1840 — which was roughly when the bank first started operating in Corfu — until 1920.
Three years later, Alpha Bank decided to renovate the premises of the former Ionian Bank in Corfu (housed in a stately building designed by the eminent Corfu-born architect Ioannis Chronis around 1840) and its Banknote Museum that had been established back in 1981.
The Bank of Greece was particularly sensitive about the aesthetic value of banknotes and actually hired various, well-known artists of the time as permanent employees responsible for designing and overseeing the entire printing process.
www.ekathimerini.com /4dcgi/news/civ_&xml/&aspKath/civ.asp?fdate=18/01/2006   (1175 words)

  
 Greece Banking and Finance - Flags, Maps, Economy, History, Climate, Natural Resources, Current Issues, International ...
One is the central bank (the Bank of Greece), which manages and controls the country's money supply and its exchange rate with other currencies.
In the mid-1990s, government policies in the financial area are mainly directed to the maintenance of competition in banking, and to further strengthening of the role of the stock exchange.
In mid-1994, elimination of Greece's short-term capital movement restrictions and a decisive defense of the currency by the large Greek banks deflected speculation on the drachma that could have resulted in sudden devaluation.
www.photius.com /countries/greece/economy/greece_economy_banking_and_finance.html   (1210 words)

  
 Winne.com - Report on Macedonia, Struggling with reforms, and offering a new vision for Europe
The National Bank of the Republic of Macedonia is the country's central bank.
One of the main tasks of the National Bank is to re-capitalize the banks in Macedonia.
Five independent banks were broken out of Stopanska Banka in the second quarter of 1995, in order to create greater competition in the banking sector.
www.winne.com /macedonia/cr03.html   (1809 words)

  
 Alpha Bank A.E. Balance Sheet
The annual ordinary general shareholders' meeting of the Bank on May 8, 2003 approved, in accordance with Law 3091/2002, that the unamortized balance of goodwill resulting from the merger with the former Ionian Bank in 2000 of Euro 611.3 million be offset against reserves in two equal instalments in 2003 and 2004.
The total employees of the Bank as at December 31, 2003 was 7,412 compared to 7,852 as at December 31, 2002.
The Bank is classified under the statistical code 651.9, according to the 4-digit classification of the economic activity sector.
www.advfn.com /news_balance-sheet_6916459.html   (1260 words)

  
 Macedonian Press Agency: News in English, 98-06-01
Although a Greek court ruled last week that the strike conducted by Ionian Bank's disgruntled staff is illegal and has barred its resumption, the undaunted employees are determined to press on with their protest to the privatization of the bank, continuing the strike until Wednesday.
The strike of the Ionian Bank employees continues today, tomorrow and on Wednesday with the backing of the Greek Banks Employees' Union (OTOE), while the future of the mobilisation will be determined tomorrow by an Athens court ruling.
As it was announced by the bank's management, its goal is to expand abroad and especially to the Balkans as well as, to all the countries where Greek businessmen are active.
www.hri.org /news/greek/mpa/1998/98-06-01.mpa.html   (3108 words)

  
 Alpha Bank A.E. Interim F.S.   (Site not responding. Last check: 2007-10-03)
Moreover, the Bank has undertaken the liabilities arising from the lump sum benefit sector of this plan which is estimated at Euro 30 million (on an after tax basis).
The total employees of the Bank as at June 30, 2004 was 7,290 compared to 7,692 as at June 30, 2003.
The basic accounting principles followed by Alpha Bank in compiling their financial statements are consistent with those followed as at December 31, 2003 and they are in accordance with the relevant provisions of Company Law 2190 /1920.
www.advfn.com /news_interim-f-s-_8330262.html   (424 words)

  
 British Protectorate
He obligated the Ionian State to pay 25.000 pounds sterling for the preservation and salary of the British garrisons and minimized the 15.000 to 13.000 pounds sterling for the expenses of the Commissioner.
In the meantime, the friends of British in Ionian suggested the establishment of the “Eptanesian Seigniory” which would include the Ionian Islands, Epirus and Thessaly, under the seigniory of the Queen’s Victoria son, Alfred.
The new national bronze coins were equivalent to the British coins and they had on one side the emblem of the Ionian State with the cyclic inscription “Ionian State 1819” and on the other side the nymph Brittannia sitting and watching on the left with the cyclic inscription “Brittannia”.
www.kalamicorfu.com /html/protectorate.html   (2496 words)

  
 Macedonia FAQ: Banking System and Foreign Exchange
Although the National Bank is independent of the Government, it is the latter which sets the country's major economic objectives, such as inflation and growth targets as part of the next year's economic program.
The traditional banks, which are joint stock companies for the most part majority owned by the largest loss-making social capital companies, may be restructured according to an amendment to the Banks and Savings Institutions Law (Official Gazette 31/93).
However, the National Bank and the Government supported the members of the banking unit of the Economic Chamber of Macedonia in signing a gentlemen's agreement in mid 1995, which, among other things, places a ceiling on interest rates.
faq.macedonia.org /economy/banking.sys.html   (1907 words)

  
 Zakynthos - Zante - Zakinthos island of Ionian Sea   (Site not responding. Last check: 2007-10-03)
It is the third largest of the Ionian Islands with its 406 sq.
BANKS: Agricultural Bank: 26950-42772, National Mortgage Bank: 26950-26671, National Bank: 26950-26737, Commercial Bank: 26950-22338, Ergo Bank: 26950-42883, Ionian Bank: 26950-22336, Credit Bank: 26950-45357.
Hundreds of thousands of tourists from throughout the world are coming to the island to enjoy the natural beauty, the sun and the the sea as well as the colorfully intense life of the Ionian islands and the hospitality of the inhabitants.
angelos.joyhost.gr /dimrap/zante.html   (1750 words)

  
 Xak.com: Alpha Bank Cyprus with first-quarter profits up 96%
Alpha Bank closed the first quarter of 2001 with net pre-tax profits of Drs 31,6bn against Drs 21,1bn in the corresponding period of 1999.
The bank's assets for the first three months stood at Drs 10,3 trillion, a rise of 11,1% against the same time last year, while loans and deposits were up 23,9% and 20,1% respectively, at Drs 4,5 trillion and Drs 6,3 trillion.
According to an announcement by Alpha Bank, the rise in profitability is attributable to the improvement of the interest margins, profits from the sale of bonds and synergies resulting from the merger with Ionian Bank.
www.xak.com /main/newsshow.asp?id=6933   (215 words)

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