Ionian Bank up its banking licence. The Greek operation, renamed "Ionian Popular Bank", was absorbed into Alpha Bank in 2000. A "decree of the Eminent Senate of the Commonwealth of Ionian Islands" established the Ionian State Bank in 1839, to finance trade between the Ionian Islands (a British protectorate), and Great Britain. This made the bank the oldest in Greece. The bank received a 20-year grant of the exclusive privilege of issuing and circulating banknotes for the Ionian Islands. The bank soon changed its name to Ionian Bank (IB), and initially only operated in the Ionian Islands, opening branches in Corfu, Aante
Albanian Ionian Sea Coast to the east, Greece to the south and the Mediterranean Sea to the west. The coastline has a total length of and specifically marked by a mountainous landscape supplied with deep bays, numerous islands, high cliffs, rocky and sandy coasts and a unique marine life. The Ionian Sea is an arm of the Mediterranean Sea positioned south of the Adriatic Sea, which extend from Sicily up to the Strait of Otranto between Salento and Bay of Vlorë. It is bordered by Italy in the west, Greece and Albania in the east. Though considered by ancient authors to be part of