CEO sees growth, development as top priorities for AstroBank

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CEO sees growth, development as top priorities...
 © BusinessMail 2017
By Stelios Orphanides

AstroBank, the lender that emerged from the acquisition of a majority stake in the Cypriot unit of Greece’s Bank of Piraeus, will consider opportunities to acquire assets in an attempt to implement its growth strategy, its top executive said on Monday.

The acquisition took place last year by a group of investors led by Lebanese banker Maurice Sehnauoui.

“Following the launch of AstroBank we are moving from a deleveraging strategy imposed by events in Greece to a ‘grow and the-sky-is-the-limit’ approach,” chief executive officer George Appios said in a telephone...


CEO sees growth, development as top priorities for AstroBank


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