New Proton Bank

New Proton Bank was a commercial banking institution based in Athens, Greece. It was established as a so-called good bank in connection with the resolution of Proton Bank, with deposits and sound assets transferred into the new entity. This structure separated viable banking operations from the troubled institution's remaining or impaired assets, allowing essential customer relationships and selected banking activities to continue under a new legal and operating vehicle. The available reference material identifies New Proton Bank as a Greek bank and describes its purpose in the transfer of deposits and performing assets, but does not provide reliable details about its founding date, ownership, capitalization, management, product range, branch network, subsequent corporate history, or final status. It should therefore be distinguished from Proton Bank itself and from unrelated institutions using the word “Proton.”

New Proton Bank emerged from the restructuring of Proton Bank in Greece. Rather than representing a conventional new-market bank launched independently by a founding team, it was created as a “good bank” vehicle. In this type of resolution structure, deposits and assets considered sound or viable are transferred to a new institution, while problematic assets and other liabilities remain outside the continuing bank or are handled through a separate resolution process. The stated purpose of New Proton Bank was therefore continuity: preserving selected banking operations and customer deposits while isolating the weaker parts of Proton Bank. The institution was based in Athens and operated as a commercial bank in Greece. The available reference material does not establish a precise founding year, identify the shareholders or directors, describe its products in detail, or document its later merger, sale, closure, or successor arrangements. Accordingly, its history is best recorded as a resolution-related banking entity rather than expanded with unsupported corporate or financial claims.

A resolution-created Greek commercial bank intended to preserve viable deposits and sound banking assets from Proton Bank.

1. 1New Proton Banken.wikipedia.org