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Piraeus Bank SA (BOPr.AT)

BOPr.AT on Athens Stock Exchange

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28 Jul 2016
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Latest Key Developments (Source: Significant Developments)

BRIEF-European Reliance: Piraeus Bank sells 7.9 mln shares
Monday, 16 May 2016 03:20am EDT 

Corrects selling entity to Piraeus Bank from Lekkaros Stavros..European Reliance General Insurance CO SA : Reported on Friday that Pireaus Bank sold company's 7.9 million shares Further company coverage: [EREr.AT] (Gdynia Newsroom) ((Gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)) Keywords: (CORRECTED).  Full Article

Koumbas Synergy Group receives extrajudicial complaint letter from Piraeus Bank
Tuesday, 29 Dec 2015 10:18am EST 

Piraeus Bank SA:Sends extrajudicial statement due to expiration of the contractual term of bond of 28.8 million euros with Koumbas Synergy Group.Sends extrajudicial complaint letter to Koumbas Synergy for disability to pay 85.3 million euros of bond loan.The rest of both bonds is immediately payable‍​.  Full Article

Piraeus Bank SA buys 2 properties from Eurobrokers for 1.4 million euros
Monday, 14 Dec 2015 10:14am EST 

Eurobrokers SA:Says Piraeus Bank SA buys 2 of its properties located in Pilea, Thessaloniki for 1.4 million euros.  Full Article

Piraeus Bank SA -S&P Revises Piraeus Bank Rtg To 'SD' On Capital Raising Plan - DJN
Thursday, 3 Dec 2015 07:00pm EST 

Piraeus Bank SA:We are revising our counterparty credit rating on Piraeus to 'SD' (selective default) from 'D'. - DJN.  Full Article

Piraeus Bank SA raises its stake on Nireus at 33.1 percent
Wednesday, 2 Dec 2015 09:47am EST 

Nireus Aquaculture SA:Says Piraeus Bank SA raises its stake on Nireus Aquaculture SA from 0.0 to 33.1 percent.  Full Article

Piraeus Bank SA -Greece's Piraeus Bank to issue new shares, CoCos to plug capital shortfall - RTRS
Monday, 2 Nov 2015 07:00pm EST 

Piraeus Bank SA:Greece's Piraeus bank on Tuesday announced plans to issue new shares to raise up to 4.9 billion euros to plug a capital shortfall showed in ECB's health checks.Piraeus will also issue contingent convertible securities of up to 2.04 billion euros, it said in a bourse filing, and called an extraordinary shareholders meeting on Nov. 15 to get its plan approved.  Full Article

Piraeus Bank SA will divest Piraeus Bank Egypt to Al Ahli Bank of Kuwait K.S.C.P.
Thursday, 21 May 2015 10:46am EDT 

Piraeus Bank SA:Has reached a deal with Al Ahli Bank of Kuwait K.S.C.P. to divest its 98.5 pct stake in Piraeus Bank Egypt for 150 mln euros.Says as part of the deal, Al Ahli bank will be transfered its 23 mln euro loan obligations from its operations in Egypt.Says transaction improves its liquidity by around 200 mln euros and increases its CET-1 rating by 30 grades.Says Mediobanca has been the financial advisor and Norton Rose the legal advisor for the transaction.Says completion of deal is subject to approval from the Central Bank of Egypt.  Full Article

Piraeus Bank acquires 23.57 pct of Anonymous Shipping Co of Crete SA
Tuesday, 24 Mar 2015 07:25am EDT 

Piraeus Bank SA:Acquired 43.7 million shares of Anonymous Shipping Co of Crete SA from Sea Star Capital PLC.Says shares under transaction represent 23.57 percent of Anonymous Shipping Co of Crete SA.  Full Article

Piraeus bank SA is granted exercise of its voting rights in Trastor and public offering
Monday, 23 Mar 2015 09:35am EDT 

Piraeus bank SA:Is granted permission to exercise its voting rights in Trastor and public offering, following annulation of prior court ruling preventing it.Pasal Real Estate Development SA sold its stake of 20.35 million shares in Trastor for 1.4 euros per share. The seller keeps a 3-year repurchase right for half of them.Moreover, court applications for consolidation and preventive measures are withdrawn.  Full Article

Piraeus bank SA covers issuance of 2 bond loans for Marfin Investments Group Holdings SA
Friday, 20 Mar 2015 11:03am EDT 

Piraeus bank SA:Covers issuance of a new 3-year bond loan for 50 million euros and a 3-year bond loan of 115 million euros in 2 parts, to sustain liquidity and finance investment plans of Marfin Investment Group Holdings SA.  Full Article

ANNOUNCEMENT-Piraeus Bank appoints Konstantinos Paschalis as CFO

ATHENS, July 21 Piraeus Bank announces that as of 21.07.2016, Mr. Konstantinos Paschalis is appointed to the position of Group Chief Financial Officer.