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Piraeus Bank
Piraeus Bank (Greek: Τράπεζα Πειραιώς) is a Greek multinational financial services company with its headquarters in Athens, Greece. Piraeus Bank's shares have been listed on the Athens Stock Exchange (ATHEX) since January 1918.
In Greece, with a 30% market share in loans (34.4 billion) and 29% in deposits (54.6 billion), it is the country's largest bank.
Piraeus has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.
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.
Piraeus Bank and its subsidiaries form the Piraeus Bank Group.
A group of shipowners in Piraeus founded Banque du Pirée (Piraeus Bank; BP) in 1916 to finance trade. The bank started trading on the Athens Exchange in 1918. The Greek government bought the bank in 1975 and transformed it into a universal bank. The new headquarters designed by Sir Basil Spence were built on Stadiou Street in the center of Athens. In December 1991 the government privatised the bank, which has grown in size and scope since then.
In 1962, PT joined the Emporiki Bank Group (or Andreadis Group). In On December 5, 1975, PT was nationalised and in 1991, the state privatized PT and the bank changed its name to Piraeus Bank (TP). Michalis Sallas takes over. In 1995 the Group established Piraeus Bank Romania with 160 branches and one year later Tirana Bank, the first privately owned banking institution in Albania with 56 branches. In 1999 with its acquisition of Xiosbank, PB took over Xios's branch in Sofia, Bulgaria; it has now some 83 branches in the country. PB also acquired the small New York-based Marathon National Bank and Interbank N.Y; it merged Interbank into Marathon Bank.
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Piraeus Bank
Piraeus Bank (Greek: Τράπεζα Πειραιώς) is a Greek multinational financial services company with its headquarters in Athens, Greece. Piraeus Bank's shares have been listed on the Athens Stock Exchange (ATHEX) since January 1918.
In Greece, with a 30% market share in loans (34.4 billion) and 29% in deposits (54.6 billion), it is the country's largest bank.
Piraeus has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.
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.
Piraeus Bank and its subsidiaries form the Piraeus Bank Group.
A group of shipowners in Piraeus founded Banque du Pirée (Piraeus Bank; BP) in 1916 to finance trade. The bank started trading on the Athens Exchange in 1918. The Greek government bought the bank in 1975 and transformed it into a universal bank. The new headquarters designed by Sir Basil Spence were built on Stadiou Street in the center of Athens. In December 1991 the government privatised the bank, which has grown in size and scope since then.
In 1962, PT joined the Emporiki Bank Group (or Andreadis Group). In On December 5, 1975, PT was nationalised and in 1991, the state privatized PT and the bank changed its name to Piraeus Bank (TP). Michalis Sallas takes over. In 1995 the Group established Piraeus Bank Romania with 160 branches and one year later Tirana Bank, the first privately owned banking institution in Albania with 56 branches. In 1999 with its acquisition of Xiosbank, PB took over Xios's branch in Sofia, Bulgaria; it has now some 83 branches in the country. PB also acquired the small New York-based Marathon National Bank and Interbank N.Y; it merged Interbank into Marathon Bank.