Zepos & Yannopoulos has advised Pancreta Bank on its transformation from a cooperative bank into a "societe anonyme."
A societe anonyme is a type of public company that is roughly equivalent to a public limited company in the United Kingdom and a public company in the United States. According to Zepos & Yannopoulos, “this is the first transformation of a cooperative bank into societe anonyme in Greece and marks a new era for the bank, [which was] established in 1994 as a cooperative credit institution focusing on Crete’s local economy."
Zepos & Yannopoulos’s team was led by Partner Christina Papanikolopoulou and Counsel Kitty Fragalexi.