Over time, two Greek banks have been named the Bank of Athens. Both had their headquarters in Athens, Greece. The first Bank of Athens was founded in 1893 and operated in the Balkans and Eastern Mediterranean until its acquisition by the National Bank of Greece in 1953. In 1993, the second Bank of Athens was founded, and merged with Eurobank Ergasias in 1999. Subsidiaries of the Bank of Athens have been incorporated into foreign financial entities. Some banks in the US have incorporated the phrase "Bank of Athens" into their names. First Bank of Athens (1894 1962) In 1893, E. Empeirikos, A. Lambrinoudis, A. Kallergis, M. Lordanopoulos, and N. Triantafyllidis founded the Bank of Athens using Greek, French, and English capital. The bank opened for business in 1894. In 1895, the bank established branches in London, Constantinople, Smyrna, and Khartoum. In 1896, Jean (John) Pesmatzoglou, an Alexandrian private banker, merged his bank with the Bank of Athens and became chairman of the Bank of Athens. In 1904, Pesmatzoglou aligned the Bank of Athens with the Banque de l'Union Parisienne. Pesmatzoglou's bank became the Bank of Athens branch in Alexandria, Egypt, where there was a large Greek community. In 1902, a branch was opened in Manchester. In 1906, the Bank of Athens purchased the Industrial Credit Bank (Τράπεζα Επαγγελματικής Πίστεως), an entity that had operated in Athens since 1873. The Industrial Credit Bank had offices in Istanbul and possibly in Smyrna. By 1910, the Bank of Athens had opened branches in Chania, Heraklion, Rethymno, and Trabzon and Samsoun. In 1921, the Bank of Athens opened an office in New York City. By 1922, the bank had branches throughout Greece, in Limassol and Nicosia, Alexandria, Cairo, Port Said, Galata, Stamboul, Beyoğlu, Edirne, London and Manchester. In 1923, following the Greco-Turkish War, the Government of Turkey seized the Bank's office in Constantinople. In 1926, the bank's New York City office became a subsidiary called the "Bank of Athens Trust Company". In 1930, the National Bank of Greece and the Bank of Athens combined their activities in Egypt to form a subsidiary, the "Banque Nationale de Grèce et d’Athénes". By the 1930s, the Bank of Athens also had offices in Korçë and Durrës. In 1941, during the Axis Occupation of Greece, the Dresdner Bank assumed oversight of the bank. In 1947, the bank founded the South African Bank of Athens to serve Hellenes residing