Piraeus Bank

Recent very positive developments in the Greek state bond market, signalled by a successful completion of a bond swap programme, combined with a fall in new bond yields and an increase in turnover, are indicative of the speed with...

The second open e-auction held by Piraeus Bank was successfully completed on Wednesday 25 October 2017, with 57 properties sold in total. The auction was conducted via the Bank’s innovative property auction website.   A total of 216 bids were submitted...

Piraeus Bank is holding its second e-auction for the sale of bank-held properties. The auction will take place on October 24 and 25 via properties4sale.gr; the Bank’s property auction website. The Bank's first property auction was successfully conducted last June. This...

Piraeus Bank, Greece's biggest lender, has signed a new investment deal for small and medium sized companies with the European Investment Bank (EIB), the European Investment Fund (EIF) and the European Bank for Reconstruction and Development (EBRD), worth 700...

The European Investment Bank (EIB) has announced it will invest 350 million euros in Piraeus Bank covered bond next month, as part of efforts to increase small business lending in Greece. This will mark the first time that an international...

Piraeus Bank said it will respond to a draft report from a Bank of Greece audit that found regulatory violations in the 2014-16 period, and that a final report from the central bank would follow thereafter. Piraeus shares came under selling...

Piraeus Bank has rectified internal control deficiencies that emerged in a recent central bank audit, the chief executive of Greece's largest lender said on Thursday. "The Bank of Greece inquiry is an issue that has already been dealt with in...

One of Greece's major banks, Piraeus Bank, announced on Wednesday that pre-tax profits for the first half of 2017 were 549 million euros, showing a 14 percent increase from last year. In the second quarter, Piraeus Bank posted profits of...

Attica Holdings S.A. (Attica Group) announced an agreement in principle, with Piraeus Bank and other minority shareholders for the acquisition of 39,039,833 shares in total of Hellenic Seaways Maritime (HSW) representing 50.30% of the share capital of HSW. The total...

Christos Megalou, the new chief executive officer of Piraeus Bank SA is trying to make up for lost time, says a report in Bloomberg. Megalou must offload 4 billion euros ($4.6 billion) in bad loans by the end of the...