The Vardinogiannis Group, one of the most solid and well-capitalized business conglomerates in Europe, has completed the acquisition of Marfin Bank after receiving a favorable opinion from the National Bank of Romania (BNR).

As part of its investment strategy in Romania, the Vardinogiannnis Group has already acquired Marfin Leasing and continues to consolidate its presence in the local financial market. The business environment in Romania, as well as the bank's clients, are now benefiting from the strength and trust of one of the strongest groups of companies in Europe.

The Vardinogiannis Group operates in several industries, such as energy (refineries, gasoline, gas and electricity), shipping and media.

The Vardinogiannis Group has significant financial strength and extensive international business expertise. We believe in the local market potential and we are determined to strengthen our presence in Romania sustainably, as well as to generate added value for the local business environment.