Hellenic Bank, is the third largest bank on the island of Cyprus with a 10.47% share of deposits and 7.92% of the loans market. Its shares are listed on the Cyprus Stock Exchange. The bank was founded in 1976 and in 1996 it bought the local operations of Barclays Bank. A major shareholder (29%) is the Cypriot Orthodox Church. The Church of Cyprus increased its stake in Hellenic Bank through big block trading passed through the Cyprus Stock Exchange on October 10, 2007.
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