History
OUR HISTORY
Our local Bank!
Bank of Epirus traces its origins to the “Development Credit Cooperative of the Ioannina Prefecture – O STOCHOS (Target) Coop.”, which was established in 1978. The initiative was supported by the local business community and chamber organizations, with the objective of strengthening economic development in the region.
In 1993, the cooperative evolved into a credit institution under the regulatory framework in force at the time, adopting the name “Cooperative Bank of Ioannina – O STOCHOS Coop.”
A further milestone was reached in 2008, when the institution was renamed “Cooperative Bank of Epirus”. During the same period, approval was granted for the operation of its first branch outside the Prefecture of Ioannina, in Preveza, marking the expansion of the Bank’s activities throughout the entire Region of Epirus.
In 2025, the Bank entered a new chapter in its history through its transformation into a Société Anonyme (S.A.), adopting a modern corporate structure and an enhanced corporate governance framework in line with the requirements of the Greek and European regulatory environment.
A defining milestone in the Bank’s evolution was the participation of Capstone Capital in its share capital, with Petros Nomikos as its ultimate beneficial owner. This strategic investment significantly strengthened the Bank’s capital base and enhanced its growth prospects.
Today, Bank of Epirus S.A. operates as a credit institution with a nationwide banking licence, providing banking services across the entire territory of Greece. This development marks its transformation from a bank with a strong regional presence into a modern financial institution with national reach and European ambitions.
With a history spanning nearly five decades, Bank of Epirus combines institutional continuity and deep local expertise with a new growth model designed to meet the evolving demands of modern banking, while creating sustainable value for its customers, shareholders, employees, and society.