United States

Piraeus Bank SA (BOPr.AT)

BOPr.AT on Athens Stock Exchange

21 Apr 2017
Change (% chg)

€-0.00 (-1.19%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

Piraeus Bank BOD resolves not to elect CEO amongst candidates
Tuesday, 20 Dec 2016 05:16am EST 

Piraeus Bank : Said on Monday that Board of Directors resolved not to elect a new CEO amongst the proposed candidates .BOD expressed its full support for the Deputy CEO, George Poulopoulos, who is the acting CEO, and for the executive team of the Bank, who has long and proven experience.  Full Article

Hellenic Sugar aims to sell units, property for at least 50 mln euros to service debt
Friday, 5 Aug 2016 07:44am EDT 

Hellenic Sugar Industry SA :Proposes sale of property, units, to raise at least 50 million euros ($55.78 million) to restructure its debt in Piraeus Bank Full Article

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

More From Around the Web

Ex-chairman of Greece's Piraeus Bank charged with felony over property deals

ATHENS, April 21 A Greek prosecutor has filed felony charges against the former chairman of Piraeus Bank , Michalis Sallas, and six other executives over property transactions involving real estate firms linked to Sallas, court officials said.