▁York - based ▁Mar athon ▁National ▁Bank ▁and ▁Inter bank ▁N . Y ; ▁it ▁merged ▁Inter bank ▁into ▁Mar athon ▁Bank . ▁ ▁In ▁ 1 9 9 8 ▁the ▁bank ▁absor bed ▁the ▁Greek ▁branch ▁networks ▁of ▁Ch ase ▁Manh attan ▁Bank , ▁Cr éd it ▁Ly onna is , ▁and ▁acquired ▁a ▁cont rolling ▁interest ▁in ▁Mac ed onia - Th race ▁Bank . ▁A ▁year ▁later ▁it ▁added ▁in ▁the ▁activities ▁of ▁National ▁West min ster ▁Bank ▁and ▁acquired ▁X ios bank ▁( B ank ▁of ▁Ch ios ) ▁which ▁it ▁totally ▁absor bed ▁along ▁with ▁Mac ed onia - Th race ▁Bank . ▁In ▁ 2 0 0 2 ▁P ira eus ▁Bank ▁signed ▁a ▁strateg ic ▁al liance ▁with ▁IN G ▁Group ▁( ban c ass urance ). ▁In ▁ 2 0 0 5 ▁it ▁acquired ▁the ▁Bulgar ian ▁Euro bank , ▁Atlas ▁Bank ▁in ▁Ser bia , ▁Egypt ian ▁Com mer cial ▁Bank ▁in ▁Egypt . ▁In ▁ 2 0 0 7 ▁it ▁expanded ▁in ▁Ukraine ▁by ▁acqu iring ▁the ▁International ▁Com merce ▁Bank ▁( ren amed ▁as ▁P ira eus ▁Bank ▁IC B ) ▁and ▁established ▁P ira eus ▁Bank ▁Cy pr us ▁with ▁the ▁ac quisition ▁of ▁Arab ▁Bank ▁Cy pr us . ▁ ▁In ▁ 2 0 0 2 ▁the ▁bank ▁absor bed ▁ 5 8 % ▁of ▁E T BA ▁Bank ▁( H ellen ic ▁Indust rial ▁Development ▁Bank ). ▁P B ▁also ▁started ▁a ▁strateg ic ▁al liance ▁with ▁IN G