News: Piraeus Bank SA (BOPr.AT)
Fri, Nov 29 2013
* Rival Eurobank's losses widen in Q3 (Includes Eurobank results)
ATHENS, Nov 29 - Greece's second-largest lender Piraeus Bank posted on Friday a 3.2 billion euro profit in the first nine months of the year thanks to a one-off gain from taking over Cypriot bank units.
LISBON, Oct 30 - Portugal's largest listed bank Millennium BCP sold its stake in Greece's Piraeus bank in an accelerated placement to institutional investors and said it expected gross proceeds of 494 million euros ($680 million) from the offering.
ATHENS, Oct 15 - Piraeus Bank, Greece's second largest lender by assets, appointed a new chief executive at its unit Geniki Bank, it said on Tuesday.
LONDON/ATHENS - Greece's biggest lenders, National Bank of Greece and Piraeus plan to put their troubled loans into separate "bad banks" in order to restore consumers' confidence in the rest of their business, the banks' executives told Reuters.
- Piraeus Bank SA , Greece's second-largest bank, is planning to list unit Geniki Bank on the stock exchange in the next six months, the Financial Times reported on Thursday, citing people briefed on the plan.
Sept 27 - Piraeus Bank SA, Greece's second-largest bank, is planning to list unit Geniki Bank on the stock exchange in the next six months, the Financial Times reported on Thursday, citing people briefed on the plan.
ATHENS - China's largest bulk shipper COSCO Holdings Co Ltd has agreed a multi-million euros expansion of its container operations at Greece's biggest port Piraeus (OLP) , easing the way for the port's privatization.
ATHENS, Aug 28 - Greece's Piraeus Bank stayed profitable in the first half thanks to one-off gains on the book value of its Cypriot bank operations, which camouflaged the effect of bad loans caused by the country's deep recession.
ATHENS, Aug 6 - Greece's Piraeus Bank said on Tuesday that it hired peer Eurobank's former deputy chief executive Nick Karamouzis as a management adviser and a member of its strategic planning committee.