Hellenic, Coop engage in business transfer talks

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Hellenic, Coop engage in business transfer talks
 © BusinessMail 2018
By Stelios Orphanides

Hellenic Bank and the Cyprus Cooperative Bank have launched talks aiming at completing the agreed transfer of the latter’s operations by September, the Cyprus News Agency (CNA) reported on Monday.

Hellenic which is expected hold an extraordinary general meeting in August, the second in a month, to approve a €150m capital increase, is looking into technical matters such as the unification of the two banks’ system while Co-op customers are informed about the impending transfer of their accounts, the CNA reported citing unnamed banking sources.

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This article was automatically added to our system 16-7-2018

Hellenic, Coop engage in business transfer talks


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Article Tags: hellenic, engage, business, transfer, talks,

 

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