#Greece #digital banking #Athens #Fibank #Greek Market

Fibank Expands Its Footprint in Greece

In a significant move, Fibank, the largest bank owned by Bulgarian interests, has initiated its services in Greece. This expansion marks a strategic growth for Fibank, which has established itself as a prominent banking institution in Bulgaria, and now aims to broaden its regional presence. With this launch, Greek customers can access a variety of banking products through the My Fibank mobile application, catering to their financial needs right from their smartphones.

Innovative Banking Options

The offerings from Fibank include an array of products, such as current accounts, term deposits, and debit cards. Customers in Greece can choose among three distinct banking packages - Basic, Standard, and Premium - designed to cater to different financial preferences and lifestyles. Notably, the Basic package comes with no monthly service fees, making it an attractive option for those looking for cost-effective banking solutions.

• - Current Accounts: With Fibank's current accounts, users can enjoy features like a 1% annual interest rate for deposits in euros, all without any maintenance fees.
• - Debit Card Benefits: Customers are provided with virtual international Visa Debit cards at no extra cost. Moreover, those requiring traditional plastic cards can have them delivered directly to their address in Greece.
• - Fee Waivers: Fibank ensures fee transparency by offering free ATM withdrawals within Greece and the European Economic Area. Additionally, users can make unlimited outgoing SEPA Instant transfers in euros without facing any charges.
• - Cashback Rewards: To enhance customer loyalty, Fibank integrates cashback rewards programs on debit cards, allowing users to benefit from their everyday transactions.

Attractive Deposits and Guarantees

Fibank also introduces attractive deposit options tailored specifically for the Greek market. Customers can choose deposit terms of either 24 or 36 months, benefiting from competitive interest rates. This strategy underscores the bank's commitment to fostering long-term relationships with its clients. Additionally, all funds in current accounts and deposits are secured by the Bulgarian Deposit Insurance Fund, adding a layer of safety for customers.

Fibank's Legacy and Pioneering Approach

With a legacy spanning 32 years, Fibank has cultivated a reputation for stability and innovation. The bank not only operates in Bulgaria but has also established a noteworthy presence in Cyprus and Albania. As it ventures into Greece, Fibank aims to bring its high-tech solutions and digital banking services to a new clientele, appealing to both retail and business customers alike.

As a forward-thinking institution, Fibank positions itself as a pioneer in the banking sector, focusing on digital transformation and improved customer experience. By entering the Greek market, Fibank not only expands its services but also contributes to the competitive landscape of banking in the region.

In conclusion, Fibank's expansion into Greece signifies a new era for both the institution and the financial opportunities available to Greek customers. With appealing offers and user-friendly services, Fibank is set to make a significant impact in the Greek banking sector.