Internal restructuring
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

100 jobs
Number of planned job losses
Job loss
Announcement Date
15 March 2022
Employment effect (start)
15 March 2022
Foreseen end date
11 April 2022


According to media reports, Attica Bank has announced a new plan for voluntary redundancies. Applications start from 15 March 2022 and finish on April 11  2022. The  plan targets the voluntary exit of a total number of 100 employees with 5 years of minimum service in the bank. Those who accept the plan will be eligible for compensation equivalent to up to 130% of their annual salary, with the maximum amount of compensation set at € 210,000. In addition, the beneficiaries will continue to be covered in the Group Health Insurance Programme for 5 to 10 years, depending on their age.



Eurofound (2022), Attica Bank, Internal restructuring in Greece, factsheet number 106457, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106457.