Tag Archives: PIRAEUS BANK

European Investment Fund Commits €4.5 Billion to Bolster Greek SMEs and Green Economy

(IN BRIEF) The European Investment Fund (EIF) has inked guarantee agreements with Greece’s top four banks, including Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank, aiming to unlock up to €4.5 billion in financing for Greek small and … Read the full press release

Piraeus Bank obtiene una inversión de 10 millones de euros del BERD para la titulización del balance

(COMUNICADO DE PRENSA) El Banco Europeo para la Reconstrucción y el Desarrollo (BERD) está invirtiendo 10 millones de euros en el tramo mezzanine senior de una titulización de balance sintético de una cartera de 1.300 millones de euros de pequeñas … Read the full press release

Piraeus Bank Secures €10 Million Investment from EBRD for Balance Sheet Securitisation

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €10 million in the senior mezzanine tranche of a synthetic balance sheet securitisation of a €1.3 billion portfolio of performing small and medium-sized enterprise (SME) and corporate loans … Read the full press release

Dritte Erweiterung der Handelsfinanzierungsfazilität der EIB für Griechenland erreicht 550 Millionen US-Dollar

(IN KÜRZE) Die Europäische Investitionsbank (EIB) und die HSBC Bank haben eine neue Handelsfinanzierungspartnerschaft im Wert von 200 Millionen Euro in Athen angekündigt. Die Initiative wird Handels- und Exportfinanzierungsdienstleistungen unterstützen, die von teilnehmenden griechischen Banken für lokale Unternehmen bereitgestellt werden, … Read the full press release

Third Expansion of EIB’s Trade Finance Facility for Greece Reaches $550 Million

(IN BRIEF) The European Investment Bank (EIB) and HSBC Bank have announced a new EUR 200 million trade finance partnership in Athens. The initiative will support trade and export finance services provided by participating Greek banks to local companies, addressing … Read the full press release

Theodore Gnardellis will be Piraeus Bank’s new Group Chief Financial Officer (CFO)

Theodore Gnardellis will be Piraeus Bank's new Group Chief Financial Officer (CFO)

(PRESS RELEASE) ATHENS, 26-Jul-2019 — /EuropaWire/ — Theodore Gnardellis has just been promoted to the role of Group Chief Financial Officer (CFO) of Piraeus Bank. Gnardellis will also join Piraeus Bank Executive Committee. The appointment will be in effect from … Read the full press release

Piraeus Bank sold stake in its subsidiary Piraeus Bank Cyprus Ltd. to Holding M. Sehnaoui SAL

ATHENS, 29-Dec-2016 — /EuropaWire/ — Piraeus Bank (“Piraeus Bank” or the “Group”), after having received all required approvals from the regulatory authorities and the Hellenic Financial Stability Fund, announces the completion of the sale of a stake held in its subsidiary … Read the full press release

Piraeus Bank successfully completed the integration of the former Panellinia Bank branch network systems

ATHENS, 22-7-2015 — /EuropaWire/ — Over the weekend of 18 and 19 July 2015, Piraeus Bank successfully completed the project of integrating into the Group’s IT environment the former Panellinia Bank branch network systems. As of Monday 20 July 2015, … Read the full press release

Banco Comercial Portugues, S.A.’s subsidiary BCP Investment B.V. divested its holding in Piraeus Bank

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR  ANY OTHER JURISDICTION … Read the full press release

Piraeus Bank completed the integration of former Bank of Cyprus branch network systems into the united Group’s IT environment

Successful integration of the former Cyprus Bank’s branch network to the Piraeus Bank IT systems’ environment. Athens, Greece, 1-11-2013 — /EuropaWire/ — Over the weekend of October 26 and 27, 2013, Piraeus Bank successfully completed the project of integrating the former Bank … Read the full press release

The EC approved liquidation aid for the Agricultural Bank of Greece (ATE Bank)

Brussels, 6-5-2013 — /europawire.eu/ — The European Commission has concluded that liquidation aid granted by Greece in favour of Agricultural Bank of Greece (ATE Bank) was in line with EU state aid rules. In particular, the Commission found that the aid was … Read the full press release

SOCIÉTÉ GÉNÉRALE ANNONCE LA VENTE DE GENIKI BANK À PIRAEUS BANK

Paris, 20-10-2012 — /europawire.eu/ — Société Générale annonce avoir signé aujourd’hui un accord définitif avec Piraeus Bank concernant la vente de la totalité de ses parts¹ (99,08%) détenues dans sa filiale grecque, Geniki Bank. Cet accord résulte de la réussite des négociations entre … Read the full press release