Aristotelis (Telis) Mistakidis, formerly Glencore’s top copper trader and now a billionaire investor, is in talks to buy small but expanding Greek shipping lender Aegean Baltic Bank (ABBank).

A negotiating team representing Mistakidis has submitted a “specific” offer to the shareholders of the bank, he said in an interview with Kathimerini on Sunday.

“If the offer is accepted, we will proceed [with a buyout].