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Company Profile
The Company was established in 2004 and has a staff of six and a total share capital of €60,000, divided among 100,000 shares.
| Composition of Shareholders | ||
| Shareholder | Number of shares | Equity stake (%) |
| PROBANK S.A. | 99,900 | 99.90 |
| PROBANK LEASING S.A. | 100 | 0.10 |
| Total | 100,000 | 100.00 |
The company operates as an insurance brokerage whose primary goal is to develop and market bancassurance products via PROBANK’s branch network and to meet all the insurance needs of its customers and companies in the Group. In that context in 2011 the company released two new bancassurance products, “PROνοώ SAVINGS ACCOUNT and PROνοώ Kids SAVING ACCOUNT” and thereby improved PROBANK’s financials overall.
Since its establishment the company has been performing well in terms of all its fundamentals. Despite the unstable economic climate, in 2011 the company utilised the PROBANK network of branches and reported further improvements in its key financials.
