2019 Proves to Be the Best Year for Greek Stocks in Two Decades

Barring any unforeseen turbulence which might occur in the very last days of 2019, the Athens Stock Exchange (ATHEX) is set to celebrate its...

Piraeus Bank Raises More Than Three Million Euros From Property Sales Via E-Bidding

Piraeus Bank, Greece largest lender, announced on Friday that it has completed its eighth round of e-bidding in November, approving the sale of 30...

Piraeus Bank Announces New Auction for Greek Real Estate Properties

Greek banks have intensified their efforts to sell properties owned by them through auctions after the summer lull, which was largely caused by the...

EU Approves Greece’s Plan to Reduce Bad Loans

The European Commission approved on Thursday a Greek plan to reduce its bad loans at the country's banks by up to 30 billion euros...

Greece’s Piraeus Bank Commits to Collective Action on Climate Change

Piraeus Bank, the largest lender in Greece, announced on Thursday its participation in a climate change initiative created by thirty-one banks around the world. The...

Piraeus Bank Joins Multi-Million-Euro Investment Program for Greek Infrastructure

Piraeus Bank, Greece's biggest lender, announced on Wednesday that it will support a new 650-million-euro ($716 million) infrastructure investment program developed by the Hellenic...

Kick-Starting Stalled Investments Will Give Much-Needed Boost to Greek Economy

Greece’s financial crisis is still affecting the hopes and dreams of the people that live in the country, as it has been in economic...

Greece’s Borrowing Costs Hit New All-Time Low

Greece’s borrowing costs have tumbled to a record low on Wednesday, reflecting hopes among foreign investors that the new government will be able to...

Greece’s Piraeus Bank Explores Asian Pacific Partner for Shipping Financing

Piraeus Bank, Greece's largest lender, announced last week that it is exploring a potential strategic partnership opportunity with a major Asian Pacific financial conglomerate,...

Piraeus Bank Issues First Bond Since 2008, Raising 400 Million Euros

Piraeus Bank, Greece's largest lender, secured a major capital boost on Wednesday, raising 400 million euros through the issuance of a bond. The interest rate...

Piraeus Bank, Intrum Join Forces to Tackle Greece’s Bad Loans

Piraeus Bank, the leading lender in Greece, announced on Monday it has teamed up with Sweden's Intrum for the management of its 27-billion-euro ($30...

Recently Appointed Chief of Attica Bank Dies at 69

Prominent Greek banker George Michelis, who was appointed as Chairman of the Board of Attica Bank in late March, died on Saturday in Athens....

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