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Our history

Founded in 1995 at Chania, the Cooperative Bank of Chania, having local orientation in its favor, established at first in Crete and gradually expanded in the rest of Greece.

Today, with respect for the fundamental values and traditions and always remaining loyal to our original slogan “Participation makes the difference”, we take the next step in harmony with present-day needs and developments and with people as our priority.

“As we head into the future while building on our roots in Chania, we embrace Crete and expand our power throughout Greece.

We build upon trust and with reliability and consistency as our trademark we build our mutual future on solid foundations.

We reciprocate devotion and offer help to any collective effort, remaining loyal to the land that nurtured our ideals. Our success has a name; the name of our employees who everyday put into practice our vision!”

  • 1995

    • Opening of the Central Branch in Chania

  • 1996

    • Opening of Halidon St. and Georgioupolis St. branches

  • 1997

    • Following the adoption of Law 2515/97, the decision of the 1996 General Assembly was took effect and the old share of nominal value 200.000 drachmas was replaced by five new shares of nominal value 40.0000 drachmas, the value of which was set at 55.000 drachmas.

    • Capital increase of the Bank; old and new partners invested in the Bank 302m drachmas, an unprecedent for Chania

    • Opening of Platanias branch

  • 1998

    • Opening of Platanos and Palaiochora Branches

    • Establishment of Investment Department

  • 1999

    • Opening of Kissamos branch

  • 2000

    • Stock split of 67.000 drachmas share into two 45.000 drachmas

    • Opening of Kolympari branch

    • 2000-2004 Business Plan elaboration

    • Thanks to the continuing efforts of the Cooperative Bank of Chania since 1997, the Panehellenic Bank S.A. is established, in which our Bank holds 16% of share capital

    • Foundation of KRITIKA AKINITA S.A. subsidiary, which operates in the area of real estate and property development in Crete.

    • Foundation of the National Research Foundation “Eleftherios K. Venizelos”, which the Bank is founding member of; every year the Bank of Chania offers 1% of its net (after tax) profit for the foundation’s activities.

  • 2001

    • Opening of 112 Kissamos St. branch

  • 2002

    • Opening of Rethymnon, Athens and Alikianos branches

    • Connection with DIAS Intrabanking Systems and introduction of ATM machines

  • 2003

    • Expansion to East Crete with the opening of 25th August St. branch

    • Architecture contract notice for the construction of a new Administration Building and Central Branch

  • 2004

    • Opening of Ierapetra, Hersonisos, Moires and Kythira branches

  • 2005

    • Introduction of IP telephony, which unifies data and image flow throughout the entire network of the Bank’s branches, both in-store and intra-store, turns phones into “work and memory” tools and facilitates administrative communication between branches with teleconference.

    • Opening of Knossos Ave. and 62 Martyron Ave. branches

    • 2005-2009 Business Plan elaboration

  • 2006

    • Opening of Ikaros Ave. and Agios Nikolaos branches

    • Relocation of Athens Branch, Relocation of Ierapetra branch

    • Project KP-26 begins: “Constant adaptation of Human Resources to new conditions through a comprehensive approach of the Change Management with the use of Business Intelligence and Information Systems”, taking place in the context of the Crete Regional Operational Program, co-funded by the ERDF and the Prefecture of Crete and GSRT (General Secretariat for Research and Technology) as the final beneficiary.

       

      The Bank cooperates with the Workshop of Decision Support Systems (ERGASYA) of the Polytechnic School of Crete, “Diaspasi” Vocational Training Center and Greek Geeks S.A. The project concerns, as case study of application, mostly the Cooperative Bank of Chania human resources and aims to develop regulatory frameworks, systems and tools for the improved efficiency of human resources management.

  • 2007

    • Opening of Tympaki and Sitia branches

    • Rebranding: new logo with new coloring that promotes the Cooperative Bank of Chania new image; one with values, sensitive and dynamic that puts the person at the center of attention.

    • Opening of the new Administration Building and Central Branch of the Bank

    • Capital increase by 15m Euros

  • 2008

    • Opening of Arkalochori and Missiria, Rethymnon branches

    • Relocation of Palaiochora branch to new privately-owned facilities

  • 2009

    • Relocation of Georgioupolis branch to new privately-owned facilities

    • Founding of venture capital subsidiary Kritikes Simmetohes S.A.

    • Reinforcement of the 25th Ephorate of Prehistoric and Classical Antiquities for the excavation of antiquities at Kasteli Hills in Chania

    • Sponsorship of a fire vehicle to the Emergency Volunteers of Chania

    • Full upgrade of the web-banking service of the Cooperative Bank of Chania. The new web-banking service, key player in future banking transactions, offers the highest security and safety to customers and users

  • 2010

    • 2010-2014 Business Plan elaboration

    • 5-to-1 stock split from €175 per share to €35 per share

  • 2011

    • Upgrade of all cards. All general-purpose (debit and credit) cards get more secure from now on at European and global level, due to an increased protection system, more secure at European and global level

  • 2012

    • Opening of new branches at Peristeri and Agia Paraskevi in Athens

  • 2015

    • Cooperative capital increase by 12,5m Euros

  • 2017

    • Opening of Dragatsaniou branch in the center of Athens

  • 2018

    • Opening of Kallithea, Pagrati and Maroussi branches in Athens

  • 2021

    • Opening of Glyfada branch