Eurobank is a financial organisation that operates in Greece, Cyprus, Luxembourg, Bulgaria and the UK.
As of December 2018, the Eurobank Group counts, €58 billion in assets, 653 customer service locations in Greece and abroad, and 13,162 employees.
[23] Canadian fund Fairfax Financial are major shareholders, with an 18.2% stake in 2018, that was increased after the takeover of Grivalia Properties until 32.9%.
[citation needed] At the end of 2020, the bad loans of the group reached an amount of €5.7 billion.
In March 2020, Eurobank announced a project for reducing its nonperforming loans index from 14% to 9%.
[25] In March 2023, the Greek bank Eurobank sold its Serbian unit to AIK Banka for €280 million, becoming Serbia's second-largest financial conglomerate.
In October 2006, the bank began operating under a single brand, name and visual identity.
[39] In November 2023, Serbian AIK Banka bought the majority of shares of the bank, for a total of 280 million euros.