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Piraeus Bank is a universal bank providing various banking services. Historically a bank supportive of SMEs it now also possesses particular know-how in the areas of agricultural banking, consumer and mortgage credit, green banking, capital markets, investment banking, leasing and electronic banking.
Sallas became Chairman of Piraeus Bank after the right-wing government of the conservative New Democracy party decided to privatize it in 1991. He persuaded a group of powerful businessmen to buy the bank and appoint him its chairman; since that time, Piraeus Bank has expanded aggressively, both in Greece and internationally, and today is ...
Millennium Bank (bought by Piraeus Bank) New Proton Bank (merged into Eurobank in 2013) [6] New TT Hellenic Postbank (absorbed into Eurobank Ergasias, now just used by it as a brand) Omega Bank (renamed Proton Bank) Panellinia Bank (split into "good" and "bad" bank, good bank assets taken over by Piraeus Bank)
Five years after it was founded, Pater Bank was sold in 2000 to Piraeus Bank, [1] and its name was changed to reflect its new owner. Piraeus Bank sold its Romanian subsidiary to J.C. Flowers & Co. on 28 June 2018, who changed the bank's name to First Bank on 12 September 2018.
Pireaus Bank. HFSF has a representative in the board of directors of Piraeus Bank (2015). [16] HFSF had the option to €2 billion of perpetual bonds into Piraeus Bank shares in December 2022. [17] As of November 2020, the total market capitalization of the bank was less than €500 million.
f Citibank sold its retail banking operations to Raiffeisen Bank in 2015, and currently only has corporate banking operations on the local market. g First Bank was known as Piraeus Bank until 2018, when the Piraeus Bank Group left the Romanian market and sold its subsidiary to J.C. Flowers & Co.
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related to: piraeus bank inc- 20 E Broad St STE 110, Columbus, OH · Directions · (614) 384-5981
