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Piraeus Bank

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...

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...

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...

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...

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...

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...

Piraeus Bank Raises More Than Three Million Euros From Property Sales Via E-Bidding

Piraeus Bank, Greece largest lender, announced on Friday that it has completed its eighth round of e-bidding in November, approving the sale of 30 properties, with sales totaling €3.18 million. More than 260 individuals and legal entities expressed an interest...

Piraeus Bank Announces New Auction for Greek Real Estate Properties

Greek banks have intensified their efforts to sell properties owned by them through auctions after the summer lull, which was largely caused by the general elections in July. Piraeus Bank, Greece's largest lender, announced last week that it will hold...

Greece's Piraeus Bank Commits to Collective Action on Climate Change

Piraeus Bank, the largest lender in Greece, announced on Thursday its participation in a climate change initiative created by thirty-one banks around the world. The banks participating in the “Collective Commitment to Climate Action,” which represent total assets of $13...

Piraeus Bank Takes Part in London Conference on New Era in Greek Economy

Piraeus Bank participated in a conference called ''The New Era of the Greek Financial Sector,'' which took place on September 24, concurrent with the international conference "Sibos 2019," now underway in London, England. The event was presented under the auspices...