# CrediaBank corporate restructuring and expansion > Live situation record from CLSTR: https://clstr.news/situations/crediabank-corporate-restructuring-and-expansion > Updated: 2026-09-16T04:47:31.000Z. Sources: 7. Developments: 2. CrediaBank has undergone significant organizational restructuring through labor agreements and corporate expansion. In August 2026, the bank signed its first unified three-year collective bargaining agreement following the merger of Attica Bank and the former Pankritia Bank. This agreement, spanning from April 2026 to March 2029, established a common framework for compensation and benefits, including a minimum gross monthly salary of 1,600 euros and expanded social support for families. By September 2026, the bank moved to further expand its operations through a merger agreement with Europi Holdings. Under the approved terms, CrediaBank will absorb Europi Holdings via an accounting consolidation of assets and liabilities. The transaction involves a share exchange ratio where Europi Holdings shareholders will receive approximately 1.446 new CrediaBank shares for every one share held, resulting in CrediaBank shareholders owning 90.386% of the combined entity. ## Timeline ### 2026-09-16: CrediaBank and Europi Holdings approve merger agreement CrediaBank and Europi Holdings have approved a merger plan where CrediaBank will absorb Europi Holdings, with a share exchange ratio of approximately 1.45 CrediaBank shares per Europi share. 5 sources. https://clstr.news/cluster/crediabank-and-europi-holdings-approve-merger-agreement ### 2026-08-28: CrediaBank signs first unified collective bargaining agreement CrediaBank has signed its first unified three-year collective bargaining agreement following its merger, establishing a 1,600 euro minimum gross monthly salary and enhanced family benefits. 3 sources. https://clstr.news/cluster/crediabank-signs-first-unified-collective-bargaining-agreement --- Cite as: CrediaBank corporate restructuring and expansion. CLSTR, https://clstr.news/situations/crediabank-corporate-restructuring-and-expansion