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In 2012, Piraeus Bank took part in the restructuring of the Greek banks, gaining a leading position in the Greek banking sector. In June 2012 Piraeus Bank sold its shares in Marathon Banking Corporation (New York City) to Investors Bancorp. The capital was used to finance the take over of the Greek banks Geniki Bank and healthy parts of ATEbank.
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) Panellinia Bank (split into "good" and "bad" bank, good bank assets taken over by Piraeus Bank)
Millennium Bank was a Greek bank that was headquartered in Kallithea, in Athens metropolitan area. It was founded in 2000 as Nova Bank , but on 10 November 2006 was renamed to Millennium Bank , [ 1 ] in order to conform with the worldwide "Millennium" brand of its then parent company Millennium BCP ( Banco Comercial Português ) of Portugal.
Piraeus Bank: The Romanian subsidiary of Piraeus Bank was acquired by J.C. Flowers & Co., whom later changed the bank's name to First Bank on 30 October 2018. 28 June 2018 Bancpost: 1 January 2019 The Romanian subsidiary of Eurobank Ergasias merged with Banca Transilvania. 31 December 2018 Bank of Cyprus: 1 January 2019
In November 2017, Direktna Banka bought Piraeus Bank Beograd from the Greek Piraeus Bank, for a sum in the range of 58–61 million euros. [ 5 ] [ 6 ] The complete merge is expected to be completed by the first quarter of 2018, [ 7 ] and thus way Direktna Banka would have a total equity worth over 500 million euros.
The Bybit cryptocurrency exchange said it was hacked on Friday. Bybit CEO Ben Zhou said the estimated loss stood at $1.5 billion. Analysts say it may be the biggest crypto hack ever.
Five years after it was founded, Pater Bank was sold in 2000 to Piraeus Bank, [1] and its name was changed to reflect its new owner. Piraeus Bank sold its Romanian subsidiary to J.C. Flowers & Co. on 28 June 2018, who changed the bank's name to First Bank on 12 September 2018.
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.
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