
Hellenic Bank has completed its latest voluntary exit scheme , with 154 employees departing the bank between February 17 and March 11 .
The initiative, which cost the group approximately €24.2 million , is expected to yield annual payroll savings of around €11.2 million .
According to the bank’s annual report for 2024, the scheme was open to permanent staff across the bank, Pancyprian Insurance, and Hellenic Life Insurance, and