The Agricultural Bank of Greece was established in 1929. During most of its history, it operated as a specialized credit institution, charged by the Greek State with the mission of supporting the development of the country's agricultural sector. The wider farming sector is still one of the Bank’s major areas of activity, both in terms of banking services and the provision of specialized operations, such as the prompt distribution of EU and national aids and subsidies to the sector.
Today, ATEbank's scope of operations covers the entire spectrum of financial products and services offered to individuals and companies.
In 1991, the Bank became a societé anonyme and in 2000 it was listed in the Athens Stock Exchange.
The large-scale recapitalisation in 2005, the wide-ranging restructuring of its loans portfolio, the successful implementation of the Panotokia law, the inclusion of the Bank's share in the FTSE/Athex 20 Index pertaining to large capitalization companies, and the recent revamping of its name and corporate image as ATEbank, confirm the Bank's position as one of the country's leading financial sector players.
In 2006 the Bank expands its activities in the area of Balkans with the purchase of ÌINDbank and the permission for bancassurance operations in Romania.
The new name and corporate image symbolise the passage of the Agricultural Bank to a new era as an institution serving the banking needs of all residents in Greece, irrespective of age or occupation, by combining the provision of modern, competitive financial products and services with social responsibility.
Based on its strong capital structure, efficient management, customer-centered business approach and transparency of operations, ATEbank intends to continue its growth in the greek and international market.
With the second largest network in Greece which covering the entire country and its experienced personnel, which is constantly updated on the most recent developments in financial products and services and banking practices, ATEbank is able to meet every financial need of its customers.
Having invested heavily in the transformation of its entire distribution network, the Bank has introduced a new operational model, which has transformed every branch into an efficient sales and service center, with the aim of fully satisfying the requirements of specific customer groups.
ATEbank is at the head of dynamic, integrated group of financial companies active in the entire financial sector. Its financial affiliates include: ATE Insurance, ATE Leasing, ATE Cards, ATE Brokers, ATE Technical Services, ATE Rent, the First Business Bank and ATE Advertising.
ATEbank is the banking partner that through its understanding, direct and sensitive business approach, corporate responsibility can offer prompt and flexible solutions to the specific needs of the banking public.
Its size and long history guarantee the development of long-term, mutually profitable relations with all its customers.
