Piraeus Bank, utilizing its experience as the first bank in business financing, with a total assets of approximately 80 billion and deposits of 55 billion euros, consistently fulfills its commitment to be a pillar of growth for the Greek economy and in “This direction contributes to the implementation of any sustainable investment that will enhance the country’s path to development,” said Mr. Thanos Vlachopoulos, General Manager, Head of Corporate Banking and Products of Piraeus Bank at the first Israeli-Greek conference entitled ” Business Opportunities on the Runway to Greece – Real Estate, Travel, Energy, Investments, Innovation ”.
The General Manager of Piraeus Bank noted that the Bank was the first to be trusted, recognized the added value of the investment and financed a large Israeli hotel group. At the same time, he called on Israeli investors to contact Piraeus Bank, given that the Bank not only finances investments but also acts as an advisor to its potential investors – clients.
The conference was organized by the Israeli newspaper Calcalist in collaboration with the Brown Hotels Group and hosted government officials from both countries as well as powerful businessmen from Israel, who discussed the investment opportunities presented in Greece, the Greek-Israeli business ties as well as the developments in the fields of tourism, Real Estate, energy and innovation.
Mr. Vlachopoulos took part in the discussion on “Doing Business in Greece” and when asked how the Greek banking system can support Israeli investors, he said that, having faced more than a decade of constant uncertainty, challenges and crises, Greek banks today are with strong capital adequacy, high liquidity, free from a significant part of their non-performing exposures and are ready to finance any worthwhile investment project.
Source: Capital
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