The partnership between the two lenders aims to expand cooperation across payments, specialized financing, advisory services, capital markets, asset management, and insurance products.

From November 1, 2025, accepting IRIS payments will be mandatory for all businesses and legal entities in the country.

Under the new tariffs, no fees apply to payments of obligations to the government, social security organizations, utilities, and insurance companies.

Bank sources: Placement of 2.2% of Greek lender's shares by Watsa aims to meet regulatory condition of minority ownership below 33%

More Greeks are opting for cashless transactions using cards for transport and accommodation before and during trips.