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Reuters: Piraeus Bank CEO says Central Bank Audit Findings ‘Firmly Behind Us’

Piraeus Bank has rectified internal control deficiencies that emerged in a recent central bank audit, the chief executive of Greece's largest lender said on...

Piraeus Bank Announces Profits Up 14% in First Half of 2017

One of Greece's major banks, Piraeus Bank, announced on Wednesday that pre-tax profits for the first half of 2017 were 549 million euros, showing...

Piraeus Bank New CEO Races to Reach Target for Reducing Bad Loans

Christos Megalou, the new chief executive officer of Piraeus Bank SA is trying to make up for lost time, says a report in Bloomberg. Megalou...

Robbery at Piraeus Bank in Athens; Hostages Held for 3 Hours

A robbery took place at the Piraeus Bank branch located at 27-31 Hatzikyriakou Street, in Kallipolis, Piraeus. Four armed men wearing masks entered the bank...

Piraeus Bank Announces Completion of Sale for Subsidiary in Cyprus

On Thursday Piraeus Bank announced the completion of the sale of a stake held in its subsidiary in Cyprus, Piraeus Bank Cyprus Ltd, to...

Piraeus Bank Chief: Greek Economy Will Benefit from Trump Victory

"If the bullish sentiment that currently exists in the U.S. with the election of a new president is a reflection of reality, I think...

Piraeus Bank Appoints George Handjinicolaou as New Chairman

Piraeus Bank’s Board of Directors elected Messrs George Handjinicolaou, Solomon Berahas and Enrico Tommaso Cucchiani as new non executive members of the board to...

Sallas Announces Retirement as Chairman of Piraeus Bank Group

Piraeus Bank Group chairman Mihalis Sallas on Wednesday announced his decision to retire as chairman of the board after 25 years. Addressing a board meeting,...

European Commission Approves State Aid to Piraeus Bank

The European Commission approved on Sunday additional state aid of 2.72 billion euros to Piraeus Bank on the basis of an amended restructuring plan...

Piraeus Bank Chief Sallas Opposed to Auctions of First Home

President of Piraeus Bank Michalis Sallas, on Saturday expressed clear opposition to any measure regarding the auctions of primary residences. He also denied that...

Piraeus Bank Re-Initiates Interbank Repo Activity‏

, In a statement made on Monday, Piraeus Bank said its customer deposits totaled 38.1 billion euros at the end of September, of which 34.5 billion deposits...

Piraeus Bank Writes Off Debts Under €20,000 for Poverty-Stricken Greeks

Piraeus Bank, one of the four major Greek banks, has decided to write off debts of up to 20,000 euros and freeze debts from...

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