PIREAUS BANK
Fairfax, owned by Prem Watsa's Fairfax, increased its stake in Metlen to 6.43% from 4.68%.
10/02/25 • 12:22
For the... the exclusive discussions between Piraeus Bank and CVC for the acquisition of 70% of Hellenic General Insurance were an expected development.
07/02/25 • 08:44
Piraeus' deal for Hellenic General Insurance has entered the final stretch, with reports that more news will be released before the bank's figures are announced at the end of February.
05/02/25 • 08:49
Negotiations between Piraeus and CVC for the acquisition of Hellenic General Insurance are underway, according to the bank's CEO, Christos Megalou, at a press conference.
04/02/25 • 08:48
With Piraeus Bank's figures coming in better than estimated, the bank's management is planning ahead for a major credit expansion. This involves €10 billion in loans over the four years to 2027, with the bank targeting new lending to businesses while increasing mortgage lending.
19/12/24 • 08:51
Piraeus Bank's Tier 2 bond maturing in 11 years and callable in six years, with a coverage of €2.7 billion and the bank raising €650 million, has closed the tender book.
11/09/24 • 08:35
Piraeus Bank reported a historically high smoothed profit of €333 million in the second quarter, with €0.26 earnings per share, up 42% year-on-year.
31/07/24 • 11:52
Following the bank's upgrade by Moody's, the offer book for Piraeus Bank's "green" bond, which will have an investment grade rating (Baa3), has opened, with a 5% interest rate guidance.
10/07/24 • 11:45
Piraeus Bank will soon introduce a green five-year bond to the market.
09/07/24 • 14:46
At a joint press conference today, real estate developer Dimand and Piraeus Bank declared that they have formed a strategic alliance for the advancement of urban areas in Athens and the surrounding area.
25/06/24 • 18:50
Piraeus Bank successfully priced a €500mn Senior Preferred Bond
11/04/24 • 07:52