Greek colonisation father of the poet Archilochus, Telesicles. The region of the Ionian Sea and that of Illyria were colonized strictly by Corinth. The Corinthians founded important overseas colonies on the sea lanes to Southern Italy and the west which succeeded in making them the foremost emporia of the western side of the Mediterranean. Important colonies of Corinth included Leucada, Astacus, Anactoreum, Actium, Ambracia, and Corcyra. The Corinthians also founded important colonies in Illyria, which evolved into important cities, Apollonia and Epidamnus. Nymphaeum, was also a Greek colony in Illyria. The first to colonise Southern Italy were the Euboeans, who with the
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