Ionian Academy Ionian Academy The Ionian Academy () was the first Greek academic institution established in modern times. It was located in Corfu. It was established by Frederick North, 5th Earl of Guilford in 1824. It is also considered the precursor of the Ionian University. It had Philological, Law and Medical Schools. The first period of existence of its Medical School was from 1824–1828. The second from 1844–1865 (when the Ionian islands united with Greece). Many of the physicians at the Academy had followed the traditional path of studying in Italy, and in particular at the medical School of Bologna. Their scientific
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