Optima bank S.A.: Business Overview, Financials & Competitive Analysis
Optima bank is a publicly-traded Greek universal bank offering retail, private, business, and corporate banking services across Greece. Established in 2019 through the rebranding of Investment Bank of Greece following...
Cyborg Score thesis
High-growth, profitable emerging challenger bank in Greece with strong 2024 results but concentrated geographic risk and...
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Get Current Report FreeOptima bank S.A. Overview
Pro stress-test →Optima bank is a publicly-traded Greek universal bank offering retail, private, business, and corporate banking services across Greece. Established in 2019 through the rebranding of Investment Bank of Greece following acquisition by Ireon Investments (Motor Oil Group), the bank has rapidly grown to become the 6th largest bank in Greece by assets with a 1.59% market share.
Strategic Profile
Pro stress-test →The bank differentiates itself through modern digital-first banking, mobile and e-banking platforms with PSD2 compliance, and a focus on operational efficiency. In 2024, Optima achieved the highest return on assets (2.92%) and return on equity (24.93%) among Greek banks, demonstrating superior profitability and capital efficiency relative to peers.
Competitive Landscape
Pro stress-test →Optima operates in the Greek banking market alongside larger incumbents Alpha Bank, Eurobank, and National Bank of Greece, which collectively dominate the market. Optima's 1.59% market share positions it as a secondary player but with superior profitability metrics and growth trajectory, particularly appealing to digitally-savvy retail and SME segments.
Industry Context
Optima bank S.A. operates in Banking and Financial Services.
Key facts
Founded: 2019 · Headquarters: Athens, Greece