National Insurance, Eurolife and Αgrotiki Insurance for Sale

National Insurance, Eurolife and Αgrotiki Insurance for Sale

Following the concentration of banks into four groups, developments are expected to ensue on the share composition of their subsidiaries, mainly insurances, since they attempt to unload assets not pertaining to the bank sector.

Therefore, according to sources immediate plans will include sales of hotel units, followed by their “exemption” from systemic subsidiary banks located in the Balkans, concluding the “purification plan” with the subsidiary insurance companies.
According to the same sources, National Insurance, Eurolife  and Αgrotiki Insurance will be  sold. Consequently,TROIKA’s instructions foresee in the following period the sale of majority shares or even whole companies, so as the 4 systemic to be relieved from non-banking activities/operations, and to release capitals.

Click here for the Greek article.

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