Piraeus Bank’s stake in Trastor rose to 97.7491% after the completion of the acquisition of WRED LLC’s stake in the company. More specifically, after the completion of the transaction, Piraeus Bank SA holds 145,823,017 shares of the Issuer and 145,827,617 voting rights, which include 4,600 voting rights exercised under pledge agreements, ie Piraeus Bank SA1 […]
Tag: Piraeus Bank
Piraeus Bank: Increases corporate financing with sustainable development criteria (ESG)
Piraeus Bank provides financing to selected companies, with criteria related to Environmental, Social and Corporate Governance (ESG) issues, as part of its broader strategy to support the sustainable development of the Greek economy and businesses and to harmonize of its work with the Responsible Banking Authorities, as the bank states in a relevant announcement. These […]
Chr. Megalou: Piraeus Bank supports the Occupational Insurance Funds
The support of Piraeus Bank in the institution of the Professional Funds for the proper operation of the social security system, was underlined by the CEO of the Bank Christos Megalou. In particular, during his greeting at the 3rd Occupational Insurance Conference organized by the Hellenic Association of Occupational Insurance Funds, Mr. Megalou referred to […]
Fitch: Upgraded the ratings of all four Greek banks
Fitch gave a new vote of confidence to all four Greek banks, which upgraded their credit rating by two notches for three of the four. In particular, the American house upgraded Alpha Bank’s long-term credit rating (IDR) to B from CCC +, Eurobank and National Bank to B + from B-, and Piraeus Bank to […]
Piraeus Bank: New Senior General Manager of Corporate and Investment Banking Mr. Thodoris Tzouros
Piraeus Bank announced today that Mr. Thodoris Tzouros will take up his duties as Senior General Manager of Corporate and Investment Banking, from March 29, 2022. Thodoris Tzouros, with more than 15 years of dynamic course in the banking sector, has significant experience in investment banking, project finance and the management of non-performing portfolios in […]
Piraeus Bank increases its corporate financing with sustainable development criteria (ESG)
Piraeus Bank, in the context of its broader strategy to support the sustainable development of the Greek economy and companies and the harmonization of its operations with the Principles of Responsible Banking, provides financing to selected companies, with criteria related to Environment, Society and Corporate Governance ( Environmental, Social and Governance – ESG). These criteria […]
Piraeus Bank: Yields on yields against the backdrop of inflationary surprises
With inflationary surprises continuing, the bond market reached significantly lower levels at the end of January, with the downward trend showing no signs of reversal, at least in the short term. Specifically, in January, the Government Bond Index reached an 18-month low of 665 points (31/01/2021). The index, which rose in November, reversed the following […]
Piraeus Bank: All possibilities for ANEK are being examined
In response to a question from the Hellenic Capital Market Commission regarding recent publications in the print and electronic press regarding the alleged absorption of the company ANEK SA. from ATTICA SA HOLDINGS, Piraeus Financial Holdings announced that its subsidiary Piraeus Bank is considering and evaluating on an ongoing basis any possible alternative proposal for […]
Optima Bank: Greek banks are attractive, the discount is unjustified – end to the ‘issues’ of their balance sheets
Her Eleftherias Kourtali The barrage of positive reports for Greek banks continues with Optima Bank emphasizing that they have now solved all the “issues” of their balance sheets, have significantly improved their size and after the crisis of the last decade, look to the future with confidence. Thus, he adheres to the Buy recommendation for […]
The new business plan of Piraeus Bank
By Leonidas Stergiou With the results of 2021 that are expected to be announced by the end of March, the management of Piraeus Bank plans the presentation of the new business plan, as Sunrise has already been completed by more than 90%. The remaining 10% is already underway with developments in the coming weeks. The […]
