The Cooperative Bank of Chania informs its members, clients, partners, and all interested parties that recent publications circulating in parts of the print and electronic media questioning the Bank’s capital adequacy are entirely unfounded and inaccurate.

For several years, the Cooperative Bank of Chania has consistently demonstrated outstanding financial performance, managing to respond solely through its own resources to the successive crises that have radically reshaped the Greek banking landscape over the past fifteen years. The Bank maintains a consistently healthy financial structure and a strong capital base while remaining steadily profitable.

The Bank has been and remains adequately capitalized, with a Capital Adequacy Ratio standing at 16% as of 31.12.2024, well above the minimum regulatory requirement set by the Bank of Greece. At the same time, the Bank’s liquidity ratio is more than double the regulatory minimum. Consequently, the Bank continues to enjoy the trust of the investment community, a fact that was recently reaffirmed by the immediate oversubscription of its Tier 2 Subordinated Bond issuance.

With strong capital adequacy indicators, under the supervision of the Bank of Greece, in strict compliance with the regulatory framework, and with the support of our members, partners, and staff, we will continue to work with consistency and stability toward the further strengthening of our Bank.

We reserve all legal rights regarding such publications, which aim to undermine the credibility of the Bank, but also harm our depositors, our employees, the Greek banking system as a whole, and the local economy and society that the Cooperative Bank of Chania has unwaveringly supported since its establishment.