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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...

Attica Group Acquires Majority Stake in Hellenic Seaways

Attica Holdings S.A. (Attica Group) announced an agreement in principle, with Piraeus Bank and other minority shareholders for the acquisition of 39,039,833 shares in...

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...

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...

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