Proton Bank
From Wikipedia, the free encyclopedia
| PROTONBANK S.A. | |
|---|---|
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| Type | Public (ATHEX: ΠΡΟ) |
| Founded | 2001 |
| Headquarters |  Athens, Greece |
| Key people | Angeliki Frangou, Chairman Anthony Athanasoglou, Vice chairman Elias Lianos, CEO (late) John Markopoulos, Chairman |
| Industry | Banking |
| Products | Investment banking, Commercial banking, Financial Services, Insurance, Electronic trading |
| Employees | 670 (2007) |
| Website | www.protonbank.gr |
Proton Bank (in Greek Proton Τράπεζα Α.Ε.) was established in 2001 and officially commenced its operations as a specialised investment bank in 2002. The founders of the bank are the late John Markopoulos, Anthony Athanasoglou and Elias Lianos. Following a rapid development path, the Bank was listed on the Athens Stock Exchange in December 2005 and later absorbed three listed closed-end funds, namely Arrow, Exelixi and Eurodynamics. In 2006 Proton Bank absorbed OMEGA Bank, with the new entity’s share capital reaching € 650 mil.
It has its headquarters located at Eslin & 20 Amaliados Str. in Athens, and has 28 branches across Greece.
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[edit] Banking services
Proton Bank offers private and corporate banking services. The private banking division offering includes deposits, loans and credit cards, portfolio management, asset management, brokerage services and mutual funds. The corporate banking division offers working capital financing, customer-tailored loans, treasury products and brokerage services.
[edit] Brokerage services
Proton Bank is member of Athens Stock Exchange, EUREX and Cyprus Stock Exchange. It was the first broker in Greece to establish and operate the Reuters Order Routing system in both modes, allowing Proton Bank to operate in Execution Venue Mode receiving orders directly on-line from foreign brokers for the Athens Exchange, as well as in Order Entry Mode placing orders directly on-line to foreign brokers, members of international exchanges. Proton Bank consistently rank among the top ten brokers in Greece., in terms of market share in the cash market. A top ten position is also being held in the rank in the derivatives market.
[edit] Bank Hapoalim
In December 2007 Bank Hapoalim (BKHPF.PK) started negotiations with Proton Bank's major shareholder IRF investment fund (of Angeliki Frangou) over a possible buy out. [1] [2] [3]
[edit] Business Game
In February 2008 Proton Bank and Business Player magazine have organized the first business game in Greece. A number of magazine's subscribers are "contesting" in a virtual ATHEX stock market with a prize of the profits of their virtual portfolio.
[edit] References
- ^ "Proton Bank: Σε συζητήσεις με την Hapoalim", Capital.gr, 13 Dec 2007. (Greek)
- ^ "Στο 35% της Proton Bank "στοχεύει" η Hapoalim", Capital.gr, 9 Jan 2008. (Greek)
- ^ "Aμεσα κλείνει το deal μεταξύ Hapoalim και Proton bank στα 10 ευρώ", Reporter.gr, 18 Feb 2008. (Greek)
[edit] External links
Official website
ATHEX company profile (in Greek)
REUTERS company profile
ATHEX Broker rank (in Greek)
Business Player magazine
Business Game web page
