CrediaBank
CrediaBank is Greece's fifth-largest bank formed in 2024 through the merger of Attica Bank and Pancreta Bank. It serves retail, SME, and corporate clients via 65 branches and digital platforms, offering deposits, lending, cards, investments, and bancassurance.
- Company typePublic
- Founded2024
- HeadquartersAthens, Greece
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What CrediaBank does
CrediaBank is Greece's fifth-largest operating bank, formed in September 2024 through the merger of Attica Bank (founded 1924) and Pancreta Bank. Headquartered at 260-262 Kifissias Avenue in Chalandri, Athens, the publicly listed entity (Athens Stock Exchange: CRED) serves retail individuals, small businesses, and corporate clients across Greece through 65 retail branches and 5 business centers, supplemented by digital banking platforms. The customer base spans seven primary segments: retail individuals, small businesses and professionals, medium-to-large enterprises, and specialized verticals covering agriculture, tourism/hospitality, engineers/technical professionals, and security & defence SMEs. Combined headcount is approximately 501-1,000 employees.
The product portfolio covers deposit accounts (CrediaBank Prime Savings, My Account, Agro), Visa payment cards (debit, credit/gold, prepaid), mortgage and consumer lending (First Home, Eco Home, New Start), SME financing (working capital loans with fixed 4.5% rates on €30K-€200K, export financing, hospitality programs), and investment services distributing mutual funds from BNP Paribas AM, Franklin Templeton, BlackRock, JP Morgan, PIMCO, Schroders, and Allianz, alongside corporate bond placements. Underlying technology includes a PSD2-compliant Open Banking API Portal (operational since May 2019) enabling AISPs and PISPs, biometric facial recognition for remote identification, integration with Greece's IRIS national instant payment system, and digital wallet support across Apple Pay, Google Pay, and Garmin Pay. Two wholly-owned subsidiaries—CrediaBancassurance Agency S.A. and CrediaFactors A.E.—extend the bank into insurance distribution and factoring services, while the e-banking, mobile banking, and CrediaConnect corporate platforms provide 24/7 digital access.
The revenue model is anchored in Net Interest Income from lending spreads across consumer loans, mortgages, SME financing, and corporate lending, supplemented by fee and commission income from transactions, wealth management advisory, card services, and brokerage commissions. Distribution combines traditional relationship banking through dedicated managers for retail, SME, and corporate segments with digital channels and an extensive branch network. Recent strategic actions include a €300 million ABB placement in July 2026 that increased free float to approximately 47% with over 70% allocated to international institutional investors coordinated by Morgan Stanley and UBS, inclusion in the FTSE/ATHEX Large Cap index with a €1.16 target price from Morgan Stanley, and a pending €200 million acquisition of HSBC Malta for first cross-border expansion.
CrediaBank firmographics
Firmographics- Name
- CrediaBank
- Legal name
- CREDIABANK SOCIETE ANONYME
- Website
- https://crediabank.com
- Company type
- Public
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- CrediaBank is Greece's fifth-largest bank formed in 2024 through the merger of Attica Bank and Pancreta Bank. It serves retail, SME, and corporate clients via 65 branches and digital platforms, offering deposits, lending, cards, investments, and bancassurance.
- Ownership category
- akta.pro rank
CrediaBank industry classification
Industry- Product category
- Retail Banking
- NAICS
- Commercial Banking (522110), Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021), State Commercial Banks (6022)
- akta.pro primary industry
- SME Commercial Real Estate (CRE) Lending (FSABABAG)
- akta.pro secondary industries
- Commercial Real Estate (CRE) Mortgage Origination (FSALADAA), CRE Loan Syndication & Participation (FSALADAK)
Keywords
Where CrediaBank is headquartered
LocationHeadquarters
- HQ city
- Athens
- HQ country
- Greece
- HQ region
- Europe
Offices4 records
Markets served
CrediaBank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Net Interest Income: Core interest income from lending activities including consumer loans, mortgages, SME financing, and corporate lending. Interest rate spreads on deposits and loans form the primary revenue stream.
- Fee and Commission Income: Transaction fees, account maintenance fees, card processing fees, wealth management advisory fees, and brokerage commissions from investment services.
- Security & Defence Financing: EIB-backed financing for security and defence sector SMEs and mid-caps under the Pan-European Security & Defence Lending Envelope.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | CrediaBank Prime Savings Account - 1.15% interest rate |
| Subscription | Annual | CrediaBank Prime Time Deposit - 2.00% interest rate |
| Unit Pricing | Pay-as-you-go | New Start Business Loan - 4.5% fixed rate |
| Usage-based | Monthly | Working Capital Fixed Term Loan - 3M Euribor + 3.50%-8% spread |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
CrediaBank product offering
Product offeringCore offering
CrediaBank is a Greek universal bank formed in September 2024 from the merger of Attica Bank and Pancreta Bank, operating as Greece's fifth-largest bank. It provides retail banking, SME lending, corporate banking, and wealth management services through 65 retail branches and 5 business centers across Greece, complemented by digital banking channels and PSD2-compliant open banking APIs.
Product overview
CrediaBank (formerly Attica Bank) is Greece's fifth-largest operating bank, formed from the merger of Attica Bank and Pancreta Bank. It operates as a unified banking platform offering a broad portfolio of retail, SME, corporate, and digital banking products across 65 retail branches and 5 business centres. The core offering spans deposit accounts (CrediaBank Prime Savings, My Account, Agro), credit/debit/prepaid cards (Visa), consumer and mortgage lending (First Home, Eco Home, New Start), SME financing (working capital loans, export financing, Hospitality Develop/Operate/Sustain), investment services (mutual funds from BNPP AM, Franklin Templeton, BlackRock, JP Morgan, PIMCO, Schroders; corporate bonds), insurance (via CrediaBank Wealth Management Academy and CrediaBancassurance Agency S.A.), leasing and factoring (CrediaFactors A.E.), and digital banking (e-Banking, Mobile Banking, CrediaConnect). Premium personal banking is served through the CrediaCobalt sub-brand. Digital payment capabilities include IRIS national instant payments, Apple Pay, Google Pay, Garmin Pay, and a forthcoming IRIS-based digital wallet via the Euronet partnership. The bank distributes EU Recovery Fund loans (TAA), SME guarantee programmes (TEPIХ III), and TMEDE microfinance. An API Portal provides PSD2-compliant open banking access to third-party providers.
Differentiator
Problem solved
Functional benefit
Brands
- CrediaCobalt: Premium personal banking segment with dedicated relationship managers and exclusive services
- CrediaBusiness Academy
- CrediaBank Wealth Management Academy
- CrediaConnect
- InCrediables
Products and services
- Retail Banking Services Day-to-day banking for Greek individual consumers including deposit accounts, payment cards, consumer loans, and mortgages, delivered through 65 retail branches and digital channels.
- SME and Business Banking Banking and credit services for Greek small and medium-sized enterprises, including working capital loans, business accounts, and transactional banking, served through 5 dedicated business centers and the broader branch network.
- Corporate Banking Corporate lending and banking services for larger Greek corporate clients, including credit facilities, corporate finance, and cash management.
- Wealth Management Asset management and investment advisory services for affluent and institutional clients, delivered in partnership with BNP Paribas Asset Management to provide access to international investment products.
- Digital Wallet Services Digital wallet and payment services for retail customers, delivered through a partnership with Euronet to extend CrediaBank's payment and card capabilities.
Quantifiable outcome
- Loan production approximately 40% higher quarter-on-quarter and 16% year-on-year in April-May 2026
- +2 more outcomes
Companies that use CrediaBank
Customer profileNamed customers4 records
Segments7 records
Ideal customer profiles3 records
CrediaBank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability6 records
Feature3 records
CrediaBank partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- BNP Paribas Asset ManagementcoreStrategic partnership announced July 16, 2026 to enhance Wealth Management services. Leverages BNPP AM's international asset management expertise to deliver personalized investment solutions including strategy planning, portfolio design, and market research. Part of CrediaBank's digital transformation strategy.
- Aktor GroupminorCooperation memorandum signed for study, design, and construction of €400 million tourism complex in Sani, Halkidiki. Aktor Group handles construction while ONYX Touristiki provides financing through CrediaBank.
- Athens University of Economics and Business (AUEB)corePartnership for CrediaBusiness Academy, designed for Small Business Relationship Managers. Focus on digital transformation, ESG, and investment risk management. First 158 graduates certified in June 2026.
- PwC AcademycorePartner in CrediaBusiness Academy alongside AUEB for training Small Business Relationship Managers. Part of bank's talent development and certification programs.
- Franklin TempletoncorePartner in CrediaBank Wealth Management Academy targeting CrediaCobalt Personal Banking Relationship Managers. Certification training now part of onboarding for future RMs.
- Euronet Worldwide Inc.coreStrategic partnership announced December 30, 2025 under which Euronet acquires CrediaBank's merchant acquiring business and ATM network while providing issuing services and digital wallet capabilities. Combined operations expected to process over $22 billion annually and serve 240,000+ merchants. Partnership includes joint development of IRIS-integrated digital wallet. Expected to close Q3 2026 pending regulatory approval.
- HSBC Bank Malta p.l.c.coreCrediaBank announced €200 million acquisition of HSBC Malta, pending regulatory approval. Will extend CrediaBank's presence internationally, accelerating payments innovation and digital financial services across Malta. Expected to close following regulatory clearance.
Scale indicators10 records
Recent moves9 records
Expansion highlights8 records
CrediaBank competitors and assessment
Company assessmentDirect peers
- National Bank of Greece: The largest Greek commercial bank, offering a similar retail, SME, and corporate banking product set across Greece. Directly comparable in geography, customer segments, and regulatory framework, but materially larger in scale.
- Piraeus Bank: Second-largest Greek bank and a direct competitor across retail, SME, corporate, and wealth management. Highly comparable given overlapping Greek footprint and product mix; CrediaBank's CEO previously served as Piraeus CIB head.
- Alpha Bank: Major Greek systemic bank with comparable retail, SME, and corporate banking offerings. Direct competitor in the same Greek market segments and a benchmark for the Greek banking cost of equity.
- Eurobank: Systemic Greek bank offering similar retail, SME, and corporate products and competing intensely for the same Greek customer base. Highly relevant peer for margins, NPL evolution, and capital benchmarks.
- Optima bank: Greek bank focused on investment banking, advisory, and corporate finance. Directly comparable as a smaller Greek bank; Optima co-underwrote the Seanergy Maritime bond with CrediaBank, evidencing overlap in capital markets activity.
- Hellenic Bank: Cypriot commercial bank with a similar SME and retail banking franchise. Comparable in scale and product set within the Cyprus market, providing a regional benchmark for a Greek-Cypriot cross-border player like CrediaBank with Maltese expansion.
- Bank of Valletta: Malta's largest bank and the most direct comparable banking franchise in the market CrediaBank is entering via the HSBC Malta acquisition. Highly relevant for benchmarking Malta integration economics and competitive dynamics.
Broad incumbents
- Bank of Cyprus: Largest Cypriot bank with material Greek corporate exposure. Comparable in product mix (retail, SME, corporate, wealth) and in serving the Greek-Cypriot cross-border market; CrediaBank Chairman Constantinos Herodotou is the former Governor of the Central Bank of Cyprus.
- HSBC Holdings: Global universal bank selling its Malta subsidiary to CrediaBank. Relevant given the carve-out and franchise-transfer logic, and HSBC's role in the €200M Malta deal structure; the CFO's prior tenure at HSBC Greece further links the two.
Others
- Euronet Worldwide: Global payments and ATM operator that is acquiring CrediaBank's merchant acquiring and ATM business while jointly developing an IRIS-integrated digital wallet. Not a direct competitor but a critical strategic partner shaping CrediaBank's payments strategy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CrediaBank social profiles
Digital presenceCrediaBank compliance and trust
Trust signalCompliance4 records
CrediaBank financial estimates
Financial estimateRevenue estimate
Valuation estimate
CrediaBank leadership team
Management profileNumber of profiles
CrediaBank subsidiaries and ownership
Company hierarchySubsidiaries2 records
CrediaBank funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CrediaBank M&A and investment
M&A and investmentM&A3 records
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CrediaBank
What does CrediaBank do?
CrediaBank is a Greek universal bank formed in September 2024 from the merger of Attica Bank and Pancreta Bank, operating as Greece's fifth-largest bank. It provides retail banking, SME lending, corporate banking, and wealth management services through 65 retail branches and 5 business centers across Greece, complemented by digital banking channels and PSD2-compliant open banking APIs.
Is CrediaBank a public or private company?
CrediaBank is a public company. It is classified as public and is currently operating.
When was CrediaBank founded?
CrediaBank was founded in 2024. It employs 501 to 1,000 people.
Where is CrediaBank based?
CrediaBank is headquartered in Athens, Greece, in the Europe region.
How does CrediaBank make money?
Three revenue lines are on record. Net Interest Income is the primary driver. The others are fee and Commission Income and security & Defence Financing.
Who are CrediaBank's main competitors?
Direct peers on record are National Bank of Greece, Piraeus Bank, Alpha Bank, Eurobank, Optima bank, Hellenic Bank and Bank of Valletta. Broad incumbents are Bank of Cyprus and HSBC Holdings. Euronet Worldwide is listed as an others.
Does CrediaBank have an API?
Yes. CrediaBank API Portal provides open banking APIs in compliance with PSD2 (Payment Services Directive 2 / N.4537/2018). The portal enables Third Party Providers (TPPs) — including AISPs (Account Information Service Providers) for account data aggregation and PISPs (Payment Initiation Service Providers) for direct account-to-account payments — to access Open APIs. Available endpoints include account information (AISP Response), payment initiation (PISP Single Response), and Confirmation of Funds (CoF Response). The API portal has been in production and fully operational since 24 May 2019. Quarterly performance statistics (uptime, downtime, response times in ms, error rates) are published publicly for Open APIs, e-banking, and mobile services. TPPs can register and explore the API in a sandbox environment before accessing production. Developer documentation is at www.crediabank.com/api-portal.
What industry is CrediaBank in?
CrediaBank's product category is Retail Banking. Its primary akta.pro industry code is FSABABAG, SME Commercial Real Estate (CRE) Lending, with a secondary code of FSALADAA, Commercial Real Estate (CRE) Mortgage Origination. Its NAICS code is 522110 and its SIC code is 6021.