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Our story

CrediaFactors was founded in 2021 as a Financial Institution, dedicated in providing factoring services. The company operates based on the provisions of Law 1905/1990 for Factoring and is supervised by Bank of Greece.

CrediaFactors is a member of the Hellenic Factors Association and member of FCI, the Global Representative Body for Factoring.

 

Our vision

Our vision is to provide Factoring products following the modern market trends but also applying all available digital applications, with the aim of modernizing the provided services and the continuous satisfaction of our customers

The Group

CrediaBank was created through the merger of Attica Bank and Pancreta Bank, and is the 5th largest bank in Greece in terms of assets.

It is a modern banking institution with a network of 65 branches and 5 business centers across the country, serving approximately 300,000 individuals and businesses with a wide portfolio of deposit, investment, and insurance products, mutual funds, loans, and brokerage services.

Customer service is a top priority for CrediaBank, which is why it is the only bank that welcomes customers both with and without appointments, offers cashier services available throughout the day, and operates with extended hours through the CrediaConnect service.

CrediaBank operates as a credit institution supervised by the Bank of Greece, strictly applying both European and national regulatory frameworks governing the operation of banks.

Learn more at the website of CrediaBank.

 

Corporate Governance

Corporate governance ensures that the company operates with reliability, accountability and transparency. It applies Greek legislation as well as international best corporate governance practices to safeguard the interests of shareholders, customers, and the company's human resources.

 

Board of Directors

The company's Board of Directors is elected by the General Assembly. The current Board of Directors has as follows:

  • Theodoros Karakasis, Chairman, Independent Non-Executive Member 
  • Georgios Kourletakis, Vice Chairman, Non-Executive Member
  • Michael Michaelides, CEO, Executive Member
  • Konstantinos Christodoulou, Executive Member
  • Georgios Kouroumalos, Non-Executive Member 
  • Serafim Chryssikos, Non-Executive Member
  • Evaggelos Rizos, Non-Executive Member

The Board of Directors term of office expires on 20-10-2028.

 

Organizational Structure

The company's organizational structure has as follows:

 

 

 

According to the Board of Directors decision, the tasks of the below mentioned functions, have been outsourced to Pancreta Bank S.A. in accordance with the provisions of Bank of Greece Governor Act 2577/2006:

  • Risk Management
  • Regulatory Compliance *
  • Internal Audit 
  • Information Systems Support

* The duties of Money Laundering Reporting Officer have been assigned to the Director of Operations

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