4 Aug 2006 12:45
IRF European Fin Investments Ltd 04 August 2006 4 August 2006 IRF European Finance Investments Ltd. ("IRF") Bank of Greece approval IRF (AIM: IRF) is pleased to announce that it has received formal approval fromthe Bank of Greece for its acquisition of the 28 per cent. interest in ProtonInvestment Bank S.A. Angeliki Frangou, Chairman, stated, "We are excited about the acquisition of acontrolling position in Proton and the platform for growth it represents. Welook forward to playing a significant role in the ongoing consolidation of thebanking sector in Southeastern Europe." This information is provided by RNS The company news service from the London Stock Exchange