Greece's Emporiki Bank Eyes Ukraine.

The fourth-largest Greek bank, Emporiki Bank, announced its plans to enter the Ukrainian market. Concorde Capital: French Credit Agricole is the largest shareholder in Emporiki bank, (~10%). In addition since 2000 the two banks have been united in a strategic alliance. On March, 2006, Credit Agricole acquired a 98% stake in Index Bank, #21 in Ukraine in terms of assets. The entrance of Emporiki Bank, Credit Agricole’s long-term ally, will strengthen the French bank’s position in Ukraine.