CrediaBank has successfully completed a €300 million share capital increase, with investor demand exceeding supply by nearly four times in a strong show of confidence in the bank’s growth strategy.

The bank issued 375 million new shares at €0.80 each, raising €300 million through a combined offering that included both a public offer in Greece and an international private placement.

According to the company, total demand reached €1.13 billion, representing an oversubscription of approximately 3.8 times the shares available.

Around 80% of the shares were allocated to international investors, with the remaining 20% taken up by domestic retail and institutional investors in Greece.

The capital raise comes at a key moment for CrediaBank, as it continues to position itself as a regional banking player with exposure to both Greece and Malta.

The bank is set to acquire a 70.03% stake in HSBC Bank Malta, subject to regulatory approvals, a move that is expected to significantly expand its balance sheet and geographic footprint.

Chief Executive Officer Eleni Vrettou said the strong demand reflects investor confidence not only in the bank’s strategy, but also in the growth prospects of Greece and Malta.

The proceeds from the share issue will strengthen the bank’s capital position, enabling it to accelerate lending, pursue partnerships and support expansion across its core markets.

The transaction also increases the free float of the bank’s shares, improving liquidity and positioning the group for further growth as it transitions into a larger cross-border banking institution.

The capital raise was coordinated by major international investment banks, including Morgan Stanley and UBS, alongside regional financial institutions.

The success of the offering underscores growing investor interest in Southern European banking assets, particularly in institutions positioned to benefit from economic growth and consolidation opportunities.

For CrediaBank, the latest capital injection provides additional financial flexibility as it prepares for its next phase — including the integration of HSBC Malta and broader regional expansion.