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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...