Piraeus Bank

Headquartered in Athens, Greece, with approximately 18.5 thousands employees in 8 countries in Greece and South East Europe, Piraeus Bank Group offers a full range of financial products and services to approximately 5.6 mn customers. Total assets of the Group amounted to €82.2 bn, net loans to €48.3 bn and customer deposits to €39.3 bn on September 30, 2016. Founded in 1916, Piraeus Bank operated as a private credit institution for many decades, while it went through a state ownership for the period 1975-1991 until it was privatized in December 1991. Since then, it has rapidly grown in size and activities, recording more than 20 M&A's in the last 20 years, representing today the leading Bank in Greece with 30% market share in terms of loans and 27% of deposits(end of Sept. 2016). The Bank is focused on the domestic market, servicing approximately 6mn customers through a nationwide network of c.670 branches and c.1,860 ATMs (end of Sept. 2016), and also through the innovative electronic banking network of winbank. Piraeus Bank possesses particular know-how in the areas of medium-sized and small enterprises, in agricultural banking, in consumer and mortgage credit and green banking, capital markets and investment banking, as well as leasing and factoring. Piraeus Bank Group, combining business development and social responsibility, endorses systematically its relations with its social partners through specific actions, while special emphasis is placed on the protection of the natural environment and preservation of cultural heritage. As one of systemic banks in Greece, Piraeus Bank takes initiatives that support sound business plans and the evolution of the Greek economy into a new model of sustainable development.