in South Africa. It is a 99.79% subsidiary of National Bank of Greece. In 1953, the Bank of Athens merged with National Bank of Greece to form the "National Bank of Greece and Athens". In New York City, the two banks merged their subsidiaries into the Atlantic Bank of New York. Second Bank of Athens (1992 1999) In 1992, the National Bank of Greece owned seventy-five percent of the Credit Bank of Professionals (Τράπεζα Επαγγελματικής Πίστεως), when it sold sixty-seven percent of its holdings to the Hanwha Bank. The Hanwha Bank was renamed the Bank of Athens. In 1998, Eurobank Ergasias, a member of the Latsis Group, bought fifty-eight percent of the Bank of Athens' common stock. In 1999, Eurobank Ergasias absorbed the Bank of Athens. Bank of Athens in foreign nations The name Bank of Athens has been used in the branding of several banks in the US. The First National Bank of Athens arrived in Europe from the USA. It was merged with a small British private bank to form the Gunners Bishop Bank of Athens. This bank operated as a British bank in the City of London (Fenchurch Street, London EC3). This was Greece's representative bank in London from 1860 until 27 February 1953 when it became part of Barclays Bank PLC of London. A 1906 Act of Parliament had regulated the industrial and state banks in Britain giving Greece's representative banks an official status. When the World Trade Centre opened in London, the Bank of Athens was invited. Also in 1906, the Bank of Athens was absorbed by the International Credit Industry Banque de Grece, in France, becoming the bank's presence in Europe. This bank also carried out British Government business from 1908 as the "London Bankers". The bank opened a branch in Constantinople-Karakkoy in 1906, when the Banque D'Athenes worked with French Treasury, Basel II with Bourse de Paris and Constantinople. In 1930, the "Banque Nationale de Grece and d'Áthenes, France" was created via mergers and in 1932, it moved to London. In 1956, the First National Bank of Athens arrived in the US. The South African Bank of Athens (known locally as "Bank of Athens"), has been operating since 1947. The Banque D Ahenes Tennessee branch of Bank of Athens FDIC2114/1866 established a branch in Paris, France, in 1893 under the name of Banque D Athens-1893. In 1906 this was merged with the State