Attica Bank SA

What Attica Bank SA does

Attica Bank SA (operating commercially as CrediaBank Ανώνυμη Τραπεζική Εταιρεία) is a Greek banking institution headquartered in Athens, founded in 2005, employing 501-1,000 staff. It provides full-service retail and business banking, lending, deposit, investment, brokerage, and insurance products to individual, SME, corporate, agricultural, and hospitality customers across Greece. The product portfolio spans savings/current accounts (CrediaBank Prime Savings at 1.15%, My Account, Agro), time deposits (Prime at 2.00%), consumer and mortgage loans (First Home, Eco Home, Premier Residence, Buy to Let, Green Move), Visa-branded debit/credit/prepaid cards, POS terminals, factoring via the CrediaFactors A.E. subsidiary, and bancassurance via CrediaBancassurance Agency S.A.

The technology stack combines digital and physical channels: an internet banking portal (ebanking.crediabank.com), mobile applications with Apple Pay, Google Pay, and Garmin Pay wallet support, an eGov-KYC integration for digital identity verification, in-app card management with PIN-by-SMS, digital card provisioning, and IRIS national payment system integration for instant P2P and P2B transfers. A public API portal (api.crediabank.com) supports developer integrations, and CrediaConnect provides corporate digital banking with bulk transfers. A digital-only sub-brand, CrediaCobalt, offers a branch-less experience. The bank operates within Greek state development programs (TEPICH III, EAT, ESPA 2021-2027, "Εξοικονομώ 2025"), positioning it as a distribution channel for subsidized SME, housing, and energy-efficiency lending.

The business model is a hybrid universal bank, generating revenue from net interest income on deposits and loans, fee income from cards and POS, factoring and leasing spreads via the CrediaFactors subsidiary, and insurance distribution via CrediaBancassurance. Pricing examples disclosed include 1.15% on Prime Savings and 2.00% on Prime Time Deposits. The go-to-market combines physical branches offering a "New Experience" walk-in concept, digital self-serve channels, and partnership distribution through government programs. The company references a 2025 share capital increase and prior merger documentation in its investor relations, indicating active corporate restructuring following its rebranding to the CrediaBank brand.

Name

Attica Bank SA

Legal name

CrediaBank Ανώνυμη Τραπεζική Εταιρεία

Website

https://atticabank.gr

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Attica Bank SA (CrediaBank) is a Greek universal bank providing retail, SME, corporate, agricultural, and hospitality banking services via branches, mobile/internet banking, and partnerships with state development programs across Greece.

Ownership category

akta.pro rank

Headquarters

HQ city

Athens

HQ country

Greece

HQ region

Europe

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Pricing tiers

Distribution channels5 records

Marketing channels4 records

Core offering

Attica Bank SA (CrediaBank) is a Greek full-service bank providing deposit accounts, payment cards, consumer and mortgage loans, business and corporate financing, factoring, leasing, POS merchant services, and insurance distribution to individuals, professionals, SMEs, and corporate clients. Banking is delivered through a hybrid of physical branch 'New Experience' concept stores, a digital banking platform at ebanking.crediabank.com, the corporate CrediaConnect channel, and mobile apps integrated with Apple Pay, Google Pay, Garmin Pay, and the IRIS national payment system.

Product overview

CrediaBank operates as a full-service Greek banking institution offering a unified platform-plus-channel architecture. The core banking services span retail (individuals), business (SME and corporate), and digital-only channels (CrediaCobalt). For retail customers, the product suite includes savings/current accounts (CrediaBank Prime Savings, My Account, Agro variants), time deposits, consumer loans (New Start, Green Move eco-loans), mortgages (First Home, Eco Home, Premier Residence, Buy to Let), credit/debit/prepaid cards (Visa-branded), and insurance products (home, auto, cyber). For business customers, offerings encompass working capital financing, sector-specific lending (Export, Hospitality Develop/Operate/Sustain), POS terminals with IRIS integration, factoring (via CrediaFactors subsidiary), and financial leasing. Digital banking is delivered through CrediaBank Digital Banking (consumer) and CrediaConnect (corporate), supported by an API Portal. The group structure includes CrediaFactors A.E. (factoring) and CrediaBancassurance Agency S.A. (insurance distribution). Payments infrastructure integrates with Visa, Apple Pay, Google Pay, Garmin Pay, and the national IRIS payment system.

Differentiator

Problem solved

Functional benefit

Brands

• CrediaCobalt: Sub-brand referenced in main navigation alongside retail and business banking offerings.
• CrediaConnect
• InCrediables

Products and services

• CrediaBank Prime Savings Savings account offering 1.15% interest rate with immediate access to funds, designed for retail customers seeking competitive returns with liquidity.
• CrediaBank My Account / My Account Plus Standard and enhanced savings account variants for retail customers with flexible access and tiered interest options.
• CrediaBank Agro Specialized savings account tailored for agricultural sector customers and farming enterprises.
• CrediaBank Prime Time Deposit Term deposit product with 2.00% interest rate for customers seeking guaranteed returns over a fixed period.
• CrediaBank Export Export-focused financing solution for mid-sized and large enterprises engaged in international trade.
• CrediaBank First Home Mortgage Primary residential mortgage product for first-time homebuyers, offering competitive rates and flexible terms.
• CrediaBank Home Upgrade (Single Property and Multi-Property) Renovation financing for existing homeowners and multi-apartment building improvements (collective housing upgrades).
• CrediaBank Eco Home Environmentally-focused mortgage for energy-efficient home purchases or upgrades.
• CrediaBank Premier Residence High-value mortgage product for premium residential property acquisitions.
• CrediaBank Buy to Let Mortgage product for customers purchasing properties as investment assets for rental income.
• CrediaBank New Start Consumer Loan General-purpose consumer lending product for personal financial needs.
• CrediaBank Green Move Green consumer loan supporting environmentally sustainable purchases and eco-friendly initiatives.
• CrediaBank Prime Business Comprehensive banking package for small businesses offering bundled services and preferential terms.
• CrediaBank Hospitality (Develop / Operate / Sustain) Development, operational, and sustainability financing for hospitality sector enterprises including hotels and accommodation providers.
• CrediaBank Digital Banking Online and mobile banking platform enabling customers to manage accounts, cards, transfers, and payments via web and mobile channels.
• CrediaConnect Corporate digital banking solution for business customers to manage finances, conduct bulk transfers, and access payment APIs.
• CrediaBank Visa Debit Card Standard debit card with worldwide Visa acceptance, enabling contactless payments and ATM withdrawals.
• CrediaBank Visa Credit / Visa Credit Gold Credit card products with standard and premium gold tiers offering revolving credit and rewards.
• CrediaBank Visa Prepaid Prepaid card for budget control and gifting purposes with Visa acceptance.
• CrediaBank POS Terminals Point-of-sale terminal services for merchants enabling card payments, including IRIS POS integration for digital payments.
• Factoring (CrediaFactors A.E.) Factoring services enabling businesses to convert receivables into immediate cash flow, delivered through the CrediaFactors A.E. subsidiary.
• Financial Leasing Lease financing for business equipment, vehicles, and other capital assets.
• IRIS Payments / IRIS e-commerce National payment system enabling instant person-to-person and person-to-business transfers and online e-commerce payment integration.
• CrediaBank Insurance Products (Personal Cyber Insurance, SynWallet, FutureCapital) Insurance products including personal cyber insurance, digital wallet-based SynWallet insurance, and FutureCapital savings/investment insurance, distributed via CrediaBancassurance Agency S.A.
• CrediaCobalt Digital-first banking service positioned as a modern alternative channel within the CrediaBank group.

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Alpha Bank: Major Greek universal bank with retail, SME, and corporate banking plus digital channels — competes head-to-head with CrediaBank for Greek deposits, mortgages, and SME loans.
• Eurobank: Greek universal bank with strong retail and corporate franchise plus factoring and leasing adjacencies — directly comparable product mix including card issuing, mortgages, and SME financing.
• Piraeus Bank: Largest Greek commercial bank offering retail deposits, mortgages, business lending, cards, and digital banking — directly comparable full-service model operating in the same Greek market against the same customer segments.
• Optima bank: Smaller Greek universal bank with both physical and digital channels focused on retail and SME customers — closest comparable by scale and recent market entrant profile in the Greek mid-tier banking segment.
• ProCredit Bank (Greece): European SME-focused commercial bank with Greek operations — comparable as a smaller, segment-focused lender targeting SME and working capital customers in the same market.
• National Bank of Greece (NBG): Largest Greek bank by assets offering full retail, mortgage, corporate, and digital banking — sets the competitive benchmark for deposit pricing, mortgage rates, and corporate lending that CrediaBank must match.

Broad incumbents

• BNP Paribas (Greece): European universal bank distributing mutual funds (BNP Paribas FLEXI) through CrediaBank and offering corporate banking in Greece — broad incumbent competitor in investment distribution and corporate services.
• HSBC Greece: Global universal bank with Greek retail and corporate operations offering similar deposit, mortgage, and trade finance products — broader incumbent rather than direct niche competitor.

Regional players

• Cooperative Bank of Chania: Greek regional cooperative bank focused on local retail and SME lending — comparable as a smaller Greek deposit-taker operating outside the big-four footprint.
• Pancreta Bank: Regional Greek cooperative bank with retail and SME lending focus — comparable as a smaller Greek deposit-taker competing against the big four for relationship banking customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/attica-bank

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Attica Bank SA