Piraeus Bank

Athens Stock Exchange Nears 14-Year Highs on Bank Rally

The Athens Stock Exchange surged to near 14-year highs driven by a strong rally in bank stocks, with Eurobank hitting…

3 weeks ago

Piraeus Bank Reports 15% Increase in Q3 Net Profit, Updates 2024 Financial Outlook

Piraeus Bank reported record nine-month profits of €932 million, or €0.72 per share, and a 15% rise in Q3 profits…

3 months ago

Greece Concludes Bank Privatisation Efforts with National Bank Stake Sale

Greece has completed the re-privatisation of its banking sector by selling a 10% stake in the National Bank of Greece,…

4 months ago

Fitch Upgrades Greek Banks

The upgrades mainly reflect Fitch's improved assessment of Greece's operating environment (OE) to 'bb+'. We expect the Greek economy to…

5 months ago

Greek Banks to Pay Dividends for the First Time in 16 Years

For the first time since 2008, Greek banks are set to distribute dividends totaling €814 million this summer, marking a…

6 months ago

Moody's Upgrades Deposit Ratings for Greek National Bank and Piraeus Bank

Moody's has upgraded the deposit ratings for National Bank and Piraeus Bank, citing improvements in their financial fundamentals. National Bank's…

7 months ago

Greece Raises €3 Billion with Successful Bond Issue

The Greek state on Wednesday borrowed 3.0 billion euros from the markets after the successful completion of a 30-year syndicated…

9 months ago

Piraeus Bank Up for Grabs: Public Offering Launched for Potential Full Privatisation

The Hellenic Financial Stability Fund (HFSF) launched a public offering on Monday to sell up to 22% of its stake…

11 months ago

Greek regulator approves prospectus for Piraeus Bank stake sale By Reuters

Greece’s capital markets commission has approved the prospectus for the sale of shares in Piraeus Bank, owned by the country’s…

11 months ago

Greece plans to start stake sale in Piraeus Bank by March - sources.

ATHENS, Jan 15 (Reuters) - Greece's bank bailout fund will start a process to sell a stake in Piraeus Bank,…

1 year ago

Eurobank, Piraeus Bank reports massive profit 1H2023

Eurobank and Piraeus Bank reported strong profitability on Monday in the first half of 2023. Piraeus Bank announced normalised earnings…

1 year ago

Four major Greek banks get ratings boost following review from Moody's international ratings agency

Four major Greek banks received a ratings boost on Monday following a review by international ratings agency Moody's. Specifically, Moody's Investors…

3 years ago

Fitch expects upgrade of Greek banks' credit rating following faster de-risking drives

The credit profiles of Greece's four systemic banks are expected to be improved faster as a result of the updated…

4 years ago

New Panathinaikos Stadium in Votanikos, Athens

A new 40-000 seat Panathinaikos football stadium will be constructed in the western Athens neighbourhood of Votanikos. Work is beginning…

4 years ago

Greek Banks cancel 15,000 credit cards due to security breach

Greece’s four main banks have cancelled and are planning to replace some 15,000 credit or debit cards, after a travel…

5 years ago

Greek stock exchange named Europe’s best performing stock market for 2019

According to new data from Deutsche Bank, the Greek stock market was the best investment in 2019. Greece, Italy and…

5 years ago

Three Greek banks get a ratings boost

Fitch Ratings upgraded and affirmed the credit rating of three Greek banks, it revealed in its report on Tuesday. The…

6 years ago

Greek bank shares drop due to overreaction

A Financial Times report referencing the significant drop in bank share prices yesterday at the Athens Stock Exchange, noted nonetheless…

6 years ago