Agricultural bank of Greece Archives

Former ATE Bank executives charged for loans without collateral and guarantees

September 22, 2017 Economy Comments Off on Former ATE Bank executives charged for loans without collateral and guarantees

Greece’s corruption prosecutor has brought criminal charges against 30 former executives of the now defunct Agricultural Bank of Greece (ATE) for approving loans over a 10-year period to construction company ATTIKAT as well as to a private citizen who did not meet the necessary requirements. The cost incurred by the …

Ex ATEBank CEO Pantalakis Transferred €8 Million Abroad – Where’s the Problem?

August 6, 2012 Economy 3

Theodoros Pantalakis, former Chairman and Governor of state Agricultural Bank, ATE, saw no wrongdoing in transferring 8 million euros abroad. He told Sunday newspaper Real News, the money he transferred abroad was the family’s savings after tax deduction. The family wanted to buy a property in London therefore the transfer, the …

BoG Governor: “Senior ATEBank Official Transferred Money Abroad”; Rumors Speak of €8-10 Million

August 3, 2012 Economy 2

Members of the Greek Parliament were stunned to hear the governor of the Bank of Greece, Giorgos Provopoulos, saying that “a very senior member of the Agricultural Bank transferred money abroad and that there is an investigation going on on the issue. Some 8 to 10 million euro The transfer took place …

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