Search results
Results from the WOW.Com Content Network
Piraeus Bank is a universal bank providing various banking services. Historically a bank supportive of SMEs it now also possesses particular know-how in the areas of agricultural banking, consumer and mortgage credit, green banking, capital markets, investment banking, leasing and electronic banking.
This is a list of the banks that are currently incorporated in Cyprus as of 15 December 2021. [1] Central Bank of Cyprus Eurosystem Banking quarter in Nicosia Bank of Cyprus Administration Nicosia skyline with Central Bank of Cyprus in the back
The Bank of Cyprus currently operates 58 branches (3 of which are cash offices not offering loans) or business offices across the Republic of Cyprus.The group also has representative offices in Romania (€33 million net exposure as of 2007), Greece (€309 million exposure as of 2007), Russia (€21 million net exposure as of 2007), [4] Ukraine, and China.
In early 2013 CPB renamed its Greek branches to CPB Bank and on 26 March the bank sold them to Piraeus Bank. Laiki was split into a good and bad bank, the good bank (Cyprus operations) merged with Bank of Cyprus and the bad bank is in the process of being sold and finally shuttered. The board and CEO were replaced on 27 March.
Michalis Georgios Sallas (Greek: Μιχάλης Γεωργίος Σάλλας; born 1950) is a Greek businessman, banker and academic, who has been Chairman of Piraeus Bank (today Greece's largest) from 1991, to 2016.
Marfin Egnatia Bank (Merged with the Cyprus Popular Bank to form Marfin Popular Bank, later renamed CPB Bank) Millennium Bank (bought by Piraeus Bank) New Proton Bank (merged into Eurobank in 2013) [6] New TT Hellenic Postbank (absorbed into Eurobank Ergasias, now just used by it as a brand) Omega Bank (renamed Proton Bank)
The 2012–2013 Cypriot financial crisis was an economic crisis in the Republic of Cyprus that involved the exposure of Cypriot banks to overleveraged local property companies, the Greek government-debt crisis, the downgrading of the Cypriot government's bond credit rating to junk status by international credit rating agencies, the consequential inability to refund its state expenses from the ...
On 25 March 2013 Hellenic Bank sold its Greek branches to Piraeus Bank. As of 27 March 2013, former Hellenic Bank customers could use the ATMs of all Piraeus Bank Group banks (Piraeus Bank & ATEbank, Geniki Bank and former Bank of Cyprus and CPB Bank networks) free of charge. The process of merging the operations of the former Hellenic Bank ...