Ionian Sea in the east: Ionian Sea The Ionian Sea (, "Iónio Pélagos" ; ; ) is an elongated bay of the Mediterranean Sea, south of the Adriatic Sea. It is bounded by Southern Italy including Calabria, Sicily, and the Salento peninsula to the west, southern Albania to the north, and the west coast of Greece. All major islands in the sea belong to Greece. They are collectively named the Ionian Islands, the main ones being Corfu, Kefalonia, Zakynthos, Lefkada, and Ithaca. There are ferry routes between Patras and Igoumenitsa, Greece, and Brindisi and Ancona, Italy, that cross the east and north
Ionian Bank French banks were nationalized by Egypt at the same time. The next year IB sold its Greek assets to the Commercial Bank of Greece, which maintained IB as a separate entity, and its assets in Cyprus to the Chartered Bank. The Greek IB became the Ionian and Popular Bank of Greece by merging with its subsidiary, Popular Bank. Eventually, Alpha Bank purchased the Ionian and Popular Bank of Greece in 1999, and absorbed it in 2000. Commercial Bank of Greece bought IB's London branch. Ionian Bank The Ionian Bank (IB) was a British overseas bank that investors established in 1839