Marfin Popular Bank acquires bank in Estonia

Marfin Popular Bank Public Co Ltd announced the pre-agreement for the acquisition of 50.12% of the share capital of “AS SBM Pank” against the sum of EUR6,432,065.  The acquisition is subject to the Cypriot and Estonian competent authorities’ approval. 

The Company also announces the completion of the acquisition of 2.86% of the shares of “Marfin Securities (Cyprus) Ltd” by its subsidiary “Investment Bank of Greece SA” and 5.91% of the shares of “Marfin Global Asset Management AEPEY” by its subsidiary “Marfin Bank ATE” on 13/6/2007.