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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.
HFSF had the option to €2 billion of perpetual bonds into Piraeus Bank shares in December 2022. [17] As of November 2020, the total market capitalization of the bank was less than €500 million. The conversion was triggered in November 2020, giving HFSF a further 35% share of the bank, [ 18 ] worth less than 200 million euro, a paper loss of ...
George Provopoulos (Greek: Γεώργιος Προβόπουλος; 20 April 1950 – 28 May 2024) was a Greek economist who was the Governor of the Bank of Greece from 2008 to 2014, and was a member of the European Central Bank's Governing Council. Prior to his appointment as Central Bank Head, he was a professor at the University of Athens ...
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)
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.
Sallas became Chairman of Piraeus Bank after the right-wing government of the conservative New Democracy party decided to privatize it in 1991. He persuaded a group of powerful businessmen to buy the bank and appoint him its chairman; since that time, Piraeus Bank has expanded aggressively, both in Greece and internationally, and today is ...
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Piraeus Bank Beograd (full legal name: Piraeus Bank a.d. Beograd), [3] was a Serbian bank that existed from May 2005 until October 2018 when it was acquired by Direktna Banka. It was majority owned by Greek Piraeus Bank. Its particular activities were in the areas of large corporate banking, retail banking and SMEs.