By Leonidas Stergiou The first quarter of the year started with new loans of 1.7 billion euros corresponding to a net credit expansion of 300 million euros and is moving towards achieving the annual goal of net financing of 1.2 billion euros, the CEO of the Bank replied. Piraeus, Mr. Christos Megalou, when asked about […]
Tag: Piraeus Bank
Piraeus Bank: Net profit of € 520 million in the first quarter
Piraeus Bank completed the first quarter with positive trends in all key lines, during which it saw its profitability reach 520 million euros while the CET1 capital adequacy ratio rose to 10%. Main developments of the 1st quarter of 2022 – Basic operating profit € 93 million as a result of the drastic improvement in […]
New international distinctions for Piraeus Bank by the EBRD
The CEO of Piraeus Bank Christos Megalou (center) and to his left, Thanos Vlachopoulos, General Manager, Head of Corporate Banking & Products of Piraeus Bank, with executives of the Bank from Large Corporate, Developmenta & Transaction Units Piraeus Bank was awarded for another year by the European Bank for Reconstruction and Development (EBRD), under the […]
Piraeus Bank: In Europe’s Climate Leaders for 2022 by the Financial Times
Piraeus Bank is among the top 400 companies in Europe in terms of its performance in terms of climate change management, for the second consecutive year, according to the list published by the Financial Times. Piraeus Bank is the only Greek company included in the list of Financial Times “Europe’s Climate Leaders” in 2022 as, […]
Chr. Megalou (Piraeus Bank): Great interest for shipping bonds
The importance of the shipping bond market as a development tool, was pointed out by the CEO of Piraeus Bank Christos Megalou, from the podium of the 12th Capital Link Shipping Forum. According to the CEO of Piraeus Bank, Mr. Christos Megalou, significant investment interest is recorded, both by institutional and private investors, in one […]
Ch. Megalou: Emphasis on the importance of the maritime bond market as a development tool
The importance of the shipping bond market as a development tool, pointed out the CEO of Piraeus Bank, Christos Megalou from the podium of the 12th Capital Link Shipping Forum, emphasizing that there is significant investment interest, both from institutional and private investors, in one year of operation market and its prospects are strong. Mr. […]
The new cycle of Project Future with new trainings and collaborations
With the participation of young graduates from all over Greece, the 4day training takes place, the first stage of training of the 8th cycle of Project Future, the corporate responsibility program of Piraeus Bank, which connects higher education with the labor market and is implemented in collaboration with ReGeneration. The 8th cycle was enriched with […]
Piraeus Bank: What does the global rise in interest rates mean for Greek bonds
The intensity of inflationary pressures at global and European level – regardless of their source – has rekindled the debate on the need to tighten monetary policy on the part of Central Banks. At Eurozone level, markets are already anticipating the completion of the quantitative easing program in the near future and an increase of […]
Piraeus Bank: The first phase of fire support initiatives in North Evia has been completed
Piraeus Bank completed the first phase of the initiatives it undertook in August 2021, to support the fire-affected areas of North Evia. In this context, it implemented specific actions aimed at Primary and Secondary Schools, students of the fire-affected areas. Specifically: Completed the granting of scholarships amounting to 2,500 euros to 34 graduates of School […]
Chr. Megalou: Dividend from 2024 for the shareholders of Piraeus
By Leonidas Stergiou Energy crisis and geopolitical developments have eroded estimates for growth, which, however, is projected to move between 3-4% this year, with inflation at 7%. However, the dynamics of the Greek economy will be based mainly on tourism revenues, which this year could reach 18-19 billion euros. These are the basic assumptions on […]
