Probe launched into suspected bank cartel, as fresh raid carried out

Kathimerini English Edition | Nov 8, 2019 at 11:57 AM
  • Competition Commission officials launched extensive inspections without prior warning at the headquarters of the country’s four systemic banks as well as the Hellenic Bank Association (EET) and DIAS Interbank Systems on Thursday.
  • A second raid was being carried out on Friday, aimed at focusing on the retail and digital banking sectors.
  • This concerns allegations by credit institutions that rely to a great extent on the cash machines of larger banks and feel they have been particularly hurt by the charges imposed.