CrediaBank has signed a Memorandum of Cooperation with the Western Macedonian Region in Greece and local Chambers of Commerce and Industry to promote sustainable entrepreneurship and support small and medium-sized enterprises (SMEs) in their green transition. The agreement reinforces the bank’s growing regional footprint, coming as CrediaBank awaits regulatory approval to complete its acquisition of HSBC Malta from HSBC International — a landmark deal that will significantly expand its operations across Southern Europe.

The newly signed memorandum aims to foster sustainable business development through joint initiatives, improved access to European and national funding tools, and enhanced banking services tailored to local business needs. The partnership highlights CrediaBank’s focus on integrating ESG criteria into financing decisions, prioritising investment plans that promote long-term sustainability.

The agreement will also provide liquidity and financial incentives for local businesses committed to adopting environmentally responsible practices. In addition, CrediaBank will offer favourable lending terms for business, housing, and consumer loans, along with guidance from its sustainability consultants to help enterprises navigate the complexities of the green transition.

CrediaBank CEO Eleni Vrettou described the move as a key step in the bank’s regional strategy. “Western Macedonia is at a critical turning point,” she said. “By responding to the call from the Regional Governor, we are helping local businesses move toward a sustainable and resilient growth model. This initiative reflects CrediaBank’s broader mission to support regional economies and empower communities to thrive through sustainable finance.”

The partnership follows CrediaBank’s active participation in a sustainability-focused conference hosted by the Kozani Chamber of Commerce and Industry, where representatives from government, academia, and the private sector discussed the challenges and opportunities of the green transition.

Once the HSBC Malta acquisition receives regulatory clearance, CrediaBank is expected to become one of the leading banking groups operating across Greece, Cyprus, and Malta — a development that will further strengthen its position as a regional leader in sustainable banking and financial innovation.