Astrobank: A Star is Born

22:59 - 07 Ιουνίου 2017

Maurice Sehnaoui explains why he wanted to acquire Piraeus Bank Cyprus and reveals the inspiration behind its new name.

 

AstroBank, the newest name on the Cyprus banking scene, was officially launched on March 29 at an event attended by Finance Minister Harris Georgiades. The bank – formerly Piraeus Bank Cyprus – was acquired at the end of 2016 by a group of international investors led by the prominent Lebanese banker and former energy minister, Maurice Sehnaoui, who has been active in Cyprus since February 2011, when the Lebanese bank BLC, of which he was Chairman and General Manager, acquired almost 94% of the share capital of USB Bank. 

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