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Piraeus Bank to Quit European Aid in 2018

Piraeus Bank has significantly reduced its reliance on the European Central Bank's Emergency Liquidity Assistance (ELA), and plans to fully eliminate it in 2018,...
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Piraeus Bank CEO Christos Megalou: ‘Greece is Heading Towards Normality’

"The banking sector in Greece is at its best since the crisis started in 2009-2010," Christos Megalou, CEO of Piraeus Bank, said in an...

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 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...

Greek Banks to Implement Law on ‘Bad Loans’

Greek banks are ready to implement the law on "bad loans." This emerged after today's meeting at the government headquarters between Prime Minister Antonis...

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