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Tag Archives: Hellenic Postbank

Expelled or not, former Hellenic Postbank CEO handcuffed in Athens

Former CEO of Hellenic Postbank Aggelos Philippidis was arrested on Wednesday morning right upon his arrival in Athens airport. He was immediately handcuffed by Greek policemen and taken to police headquarters and from there to the prosecutor. He will give testimony next Monday. Aggelos Philippidis is to face felony charges …

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Greek “untouchables” …touched: a scandal per day keeps the crisis away?

Hardy has the button “publish” been pressed and a new financial scandal breaks out. Slowly but surely we have lost control over the counting” how many prominent and less prominent Greeks have been arrested, how many of them are free on bail, how many of them are remanded custody, how …

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Former Hellenic Postbank CEO Philippidis arrested in Turkey

Former CEO of Hellenic Postbank Aggelos Philippidis was arrested on Friday night in Turkey, according to Greek media. Initial reports say that he was arrested due to an Interpol international arrest warrant and that Turkish police located him via to his mobile phone and a credit card move. He has …

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7 arrest warrants against bank executives & businessmen over Greek Postbank bad loans

Three people were arrested and police are seeking another four after the anti-corruption prosecutor issued at least 7 arrest warrants over suspected loans from Hellenic Postbank. The loans worth 400-500 million euro were given in the period between 2006 and 2011. Former CEO and bank staff, several Greek and Cypriot …

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Greek Banks First Merger: Piraeus’ Checkmate – Background

 Piraeus Bank, the  fifth-biggest lender in Greece, has submitted a proposal to the Greek government to buy “significant stakes” in two Greek state-controlled banks, the Agricultural Bank of Greece-ATE and the Hellenic Postbank-TTE,  Piraeus Bank CEO Mihalis Sallas announced in a Press Conference in Athens two hours ago. The Greek government …

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