Proton Bank

Proton Bank S.A.
Proton Bank
Native name
Proton Τράπεζα Α.Ε.
Company typePublic Company
Anonymi Etairia
IndustryFinancial services
FoundedJune 2001 (2001-06) in Athens, Greece [1]
FounderJohn Markopoulos, Anthony Athanasoglou and Elias Lianos
Defunct2013 (2013)
Headquarters,
Number of locations
27 branches
Area served
Greece
ProductsCommercial banking, Investment banking
Number of employees
670 (2007)
Websitewww.proton.gr

Proton Bank (in Greek Proton Τράπεζα Α.Ε.) was a Greek bank that was established in 2001 and was taken over by the government in 2011. The bank offered private and corporate banking services.

The private banking division offers included deposits, loans and credit cards, portfolio management, asset management, brokerage services and mutual funds. The corporate banking division offered working capital financing, customer-tailored loans, treasury products and brokerage services.

In 2011 Proton became the first Greek bank to be effectively nationalized after it fell under a bank rescue fund set up by Greece and its international lenders through the creation of New Proton Bank. The bank was wound up in 2013.<[2]

  1. ^ ΕΦΗΜΕΡΙΣ ΤΗΣ ΚΥΒΕΡΝΗΣΕΩΣ ΤΗΣ ΕΛΛΗΝΙΚΗΣ ΔΗΜΟΚΡΑΤΙΑΣ. Gazette of the government of the Greek republic (in Greek). 2 (2246). 9 October 2011.
  2. ^ "Greek businessman arrested over Proton banking scandal". Reuters. December 14, 2012.