ATHENS, GREECE--(Marketwire - May 26, 2011) - ATEbank (
Increase of pre provision profit
Restructuring Plan & impending Capital Increase strengthen ATEbank's financial position
ATEbank First Quarter 2011 Financial Results Press Release:
(Please click on the link below to view full press release)
First Quarter 2011 Financial Results Press Release
ATEbank Restructuring Plan Presentation Main Elements:
(Please click on the link below to view Presentation)
ATEbank Restructuring Plan Presentation Main Elements
ATEbank First Quarter 2011 Financial Results Presentation:
(Please click on the link below to view 1Q 2011 Results Presentation)
First Quarter 2011 Financial Results Presentation
About ATEbank
ATEbank is a diversified financial institution of high reputation, active in banking, insurance, leasing, asset management and mutual funds, and a dynamic player in the Greek financial sector, with a market share of about 8.5% in loans and deposits at the end of 2010.
ATEbank intends to take full advantage of its extensive and well-diversified branch network -- second in Greece with 483 branches and 945 ATMs -- which combined with its loyal and low-cost depositor base, provides it with a competitive advantage. Retail lending represents almost half of the loan portfolio, while loans to primary agriculture are lower than 10%. The Bank has a loyal customer base both in urban and rural areas (c.2 million deposit clients and c.450,000 loan clients) and also possesses a strong institutional client base (c.180,000 salaried employees and c.340,000 pensioners).
Contact Information:
Investor Relations Contact
Panos Skoularikis
Head of Strategic Planning, Analysis & Investor Relations
ATEbank
23, Panepistimiou str.
105 64, Athens, Greece
Tel: + 30 210 3298742 / 210 3298032
investorrelations@ate.gr / pskoularikis@ate.gr