Revolut has received approval from the Bank of Greece to establish a local branch

The digital bank with more than two million customers in Greece has established Revolut Greece, a branch of Revolut Bank UAB in the country.

The Bank of Greece has successfully completed the assessment of Revolut Bank UAB’s application to establish a branch in Greece. Having now secured all the required approvals, Revolut Bank UAB has established its Greek branch in Greece and in the coming months intends to offer a Greek IBAN (GR IBAN), while in the future it plans to make additional banking products available.

The new General Manager, Vasilis Ameranis, will oversee the next phase of the digital bank’s development in Greece, leading a local team, consisting of experienced executives returning to Greece after professional careers abroad, as well as talented professionals from the domestic market. With over ten years of experience in banking, strategy and digital innovation, Ameranis held management positions at the National Bank of Greece, and previously worked for several years at McKinsey & Company. 

“This marks the beginning of a new chapter for Revolut in Greece,” said Vasilis Ameranis, General Manager of Revolut Bank UAB in Greece. “The approval to establish our local branch is an important milestone that will allow us to build a truly local bank, while delivering the innovation, speed and customer experience that millions of people already expect from Revolut. Our goal is simple: to become our customers’ go-to bank, providing them with everything they need to manage their financial lives in one place.”