CrediaBank has reported strong financial results for 2025, marking a year of record growth as the Greek lender prepares to acquire a controlling stake in HSBC Bank Malta.

CrediaBank is set to acquire 70.03% of HSBC Malta, subject to regulatory approvals, with the transaction expected to be completed by the first quarter of 2027.

The bank said 2025 represented its first full year following the merger of Attica Bank and Pancreta Bank — a period characterised by restructuring, operational integration and rebranding under the CrediaBank name.

Recurring pre-provision profits reached €82.5 million, up 88% year-on-year, while recurring profit before tax rose 93% to €57.8 million. The bank said this marked 12 consecutive quarters of strong profitability.

Credit expansion remained a major driver of growth. Net credit expansion reached €1.1 billion, representing an annual increase of 16%, while new loan disbursements totalled €3.4 billion, exceeding the €2.1 billion target set under the bank’s business plan.

Net interest income increased 58% to €168.3 million, supported by higher lending volumes following the merger of the two banks. Meanwhile, net fee and commission income rose 96% to €37.2 million, reflecting stronger activity across the bank’s service portfolio.

Deposits reached a record €6.8 billion, up 11% year-on-year, while assets under management climbed to €832 million.

The bank also highlighted improvements in asset quality and capital strength. The non-performing exposures ratio stood at 2.9%, while the CET1 capital ratio reached 11.0%, comfortably above regulatory requirements.

Operationally, CrediaBank completed the integration of its banking systems in September 2025 and launched new “New Experience” branches in Athens, Crete and Thessaloniki designed around a more technology-driven retail banking model.

The bank also strengthened its partnerships across payments and financial services, including a strategic agreement with Euronet that expanded customer access to more than 2,500 ATMs across Greece.

With the transformation of Attica Bank and Pancreta Bank now largely complete, CrediaBank said it is entering a new phase focused on growth, innovation and expanding its footprint.

The bank currently serves around 300,000 retail and corporate customers through a network of 65 branches and five business centres across Greece.