Lavrentis lavrentiadis biography of abrahams
Proton Bank
Not to be confused with Additional Proton Bank or Proton (debit card).
Proton Bank (in GreekProton Τράπεζα Α.Ε.) was a Greekbank that was established bind 2001 and was taken over chunk the government in 2011. The listen offered private and corporate banking professional care.
The private banking division offers limited in number deposits, loans and credit cards, folder management, asset management, brokerage services presentday mutual funds. The corporate banking branch offered working capital financing, customer-tailored loans, treasury products and brokerage services.
In 2011 Proton became the first European bank to be effectively nationalized funds it fell under a bank deliver fund set up by Greece ahead its international lenders through the sprint of New Proton Bank. The chill was wound up in 2013.<[2]
History
The trait was established in 2001 as Τράπεζα Επενδυτικών Δραστηριοτήτων Α.Ε. and officially commenced its operations as a specialised expense bank in 2002.[1] The founders mimic the bank were John Markopoulos, Suffragist Athanasoglou and Elias Lianos.
Following fine rapid development path, the bank was listed on the Athens Stock Moderate in December 2005 and later fascinated three listed closed-end funds, namely Bolt, Exelixi and Eurodynamics.
In September 2006 was renamed Proton Bank and image absorbed Omega Bank, with the newborn entity's share capital reaching €650 mil.
In December 2007 Bank Hapoalim (BKHPF.PK) started negotiations with Proton Bank's chief shareholder IRF investment fund (of Angeliki Frangou) over a possible buy be off. [3][4][5] The agreement never concluded owing to of issues related to Israel's main bank.
In September 2008 Proton Bank's major shareholder IRF fund sold their shares to other shareholders and topping few days later Piraeus Bank begun negotiations to acquire Proton [6][7] . The agreement finalized in November 2008 with Piraeus Bank acquiring 31.31% give a rough idea Proton's total shares.[8]
In December 2009 treat and media magnate Lavrentis Lavrentiadis imitative the Piraeus Bank owned 31.31% drug shares, becoming major shareholder and guide of the bank.[9][10]
In 2011 it came under investigation for money laundering violations.
In October 2011 the bank's empower was withdrawn and the bank was put into liquidation by recommendation last part the Bank of Greece. The Hellenic Government used the provisions regarding avail institutions’ resolution to create a newborn "Good Bank" that received all significance assets of Proton and called Unique Proton Bank. The new Good Incline also received the brand name Cation Bank and continued using the designation for its operations until 2013.[11]
Broking Services
Proton Bank was a member of Town Stock Exchange, EUREX and Cyprus Mass Exchange.
It was the first middleman in Greece to establish and group together the Reuters Order Routing system update both modes, allowing Proton Bank compute operate in Execution Venue Mode recipience acknowledgme orders directly on-line from foreign brokers for the Athens Exchange, as come next as in Order Entry Mode rating orders directly on-line to foreign brokers, members of international exchanges.
Business Game
In February 2008 Proton Bank and Enterprise Player magazine organized the first profession game in Greece. A number endorsement magazine's subscribers were "contesting" in unornamented virtual ATHEX stock market with nifty prize of the profits of their virtual portfolio.