HB and ALICO cooperate in mutual funds

Hellenic Bank Pcl announced the expansion of an existing cooperation pact with American Life Insurance Co. ALICO-AIG Life in the field of Mutual Funds.

According to a cooperation agreement signed between the two organizations, Hellenic Trust AEDAK, subsidiary of Hellenic Bank Pcl, assigned to ALICO AIG AEDAK the mutual funds management. HB also has entered into a contact with ALICO AIG AEDAK as representative for the sale of mutual fund units.

Group subsidiary, Hellenic Bank Investments has also reached an agreement with ALICO AIG AEDAK for the provision of advisory services (Investment Advisor) for the following mutual funds: Hellenic Trust Cyprus Equity Foreign and Hellenic Trust Cyprus Balanced Foreign