Piraeus Bank
Business
Greece’s Piraeus Bank Sells €7.2 Billion in Non-Performing Exposures
Piraeus Bank announced earlier in the week that it has reached agreement to sell €7.2bn ($8.61bn) worth of non-performing exposures (NPE).
Business
Piraeus Bank Raises $1.66 Billion Though Equity Offering
Piraeus Bank, one of Greece’s four big lenders, raised a total of 1.38 billion euros ($1.66 billion) through the capital increase process.
Business
Piraeus Bank Expects to Raise $1.66 Billion Though Equity Offering
Piraeus Bank, one of Greece's four big lenders, expects to raise 1.38 billion euros ($1.66 billion) through the capital increase process
Business
Piraeus Bank Secures Support for Capital Increase
Piraeus Bank, Greece’s second-largest financial institution has secured strong support from investors during the capital increase process .
Greece
Piraeus Bank Funds Purchase of Buses in Athens, Thessaloniki
The Piraeus Bank Group announced on Tuesday that it will fund the purchase of buses for the regions of Attica and Thessaloniki.
Alongside Piraeus Leasing, the bank said it will pay for the purchase of 200 buses to be used...
Greece
Piraeus Bank at the Forefront of UN's Responsible Banking Initiative
One year since Piraeus Bank joined a coalition of hundreds of banks worldwide for sustainable development, CEO Christos Megalou highlighted on Tuesday the Bank's contribution during a virtual panel organized by United Nations Environment Programme Finance Initiative (UNEP FI).
Piraeus...
Greece
Piraeus Bank Sponsors Program for 200th Anniversary of Greek War of Independence
An agreement to promote Piraeus Bank's Anniversary Action Program to diaspora Greeks and Greeks living abroad for the national celebration of the 200th Anniversary of the Greek War of Independence of 1821, was signed between the General Secretariat of...
Greece
Piraeus Bank Finances Acquisition of Five Hotels on Crete
Piraeus Bank, Greece's largest lender, announced on Thursday it has financed the acquisition of five hotels in resort locations on the island of Crete by the international real estate company Henderson Park and Hines.
The 1,094-room, 67,000-square-meter portfolio comprises five...
Economy
Piraeus Bank Records Growing Profits During 2019
Piraeus Bank of Greece announced on Monday that it grew its net profit for the full year of 2019. This increase was aided by lower operating costs and higher net interest income.
Piraeus Bank is Greece’s largest lender as measured by...
Greece
Piraeus Bank Successfully Completes 500-Million-Euro Bond Issue
Piraeus Bank officially announced the successful issue of a 500-million-euro Tier 2 bond with institutional investors at a coupon of 5.50 percent on Thursday.
The bond, which has a maturity of 10 years and an embedded issuer call option after...