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
Ionian Islands to the Ionian Islands Region except for Kythera, which belongs to the Attica Region. The seven islands are; from north to south: The six northern islands are off the west coast of Greece, in the Ionian Sea. The seventh island, Kythira, is off the southern tip of the Peloponnese, the southern part of the Greek mainland. Kythira is not part of the region of the Ionian Islands, as it is included in the region of Attica. In Ancient Greek the adjective "Ionios" () was used as an epithet for the sea between Epirus and Italy in which the Ionian Islands