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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...

Next to Police, Bank Robbers Were Stealing for 2 Hours

A robbery like those you watch in the movies took place on Tuesday, August 9, in a Piraeus Bank branch in Athens. The robbers...

Athens Stock Exchange Plunges 15% After Brexit Announcement

The Athens stock exchange plunged 15% after the announcement of the British referendum results in favor of the Brexit on Friday morning. Greece's bourse followed...

Athens Stock Exchange Takes 5% Plunge

The Athens Stock Exchange took a 5 percent plunge on Wednesday closing at 531 points, generating turmoil among foreign investors. The dip in bank shares...

Greek Economy to Return to Positive Growth Rates in 2016

A timely completion of the first review of the Greek program and a dynamic implementation of a privatization program, combined with a new development...

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...

Athens’ Stock Exchange Temporarily Suspends Trading for 3 Greek Banks

Athens’ Stock Exchange announced on Wednesday it will temporarily suspend trading of the stocks of three systemic banks – Alpha Bank, Eurobank and Piraeus...

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...

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