Piraeus Bank SA (BOPr.AT)
Fri, Nov 2 2018
ATHENS, Nov 2 The European Bank for Reconstruction and Development, APS Delta, Balbec Capital and the IFC will jointly invest 50 million euros ($57 million) in a portfolio of unsecured sour loans originated by Greece's Piraeus Bank, the EBRD said on Friday.
ATHENS/FRANKFURT, Oct 12 Greece's largest lender by assets, Piraeus Bank, has told the European Central Bank that it may miss a year-end target to raise capital because of unfavourable financial markets, sources familiar with the matter said.
ATHENS, Oct 3 Piraeus Bank said plans to issue debt to bolster its capital were on track on Wednesday as Greece's largest lender by assets faced a near 30 percent share price fall.
ATHENS, Aug 7 Greece's largest lender Piraeus Bank said on Tuesday it had agreed to sell its unit in Albania to Balfin Group and Komercijalna Banka.
ATHENS, July 2 Greece's largest lender Piraeus Bank said on Monday it agreed to sell a pool of unsecured non-performing loans (NPLs) to APS Investments for around 50 million euros ($58.16 million), confirming what banking sources told Reuters last month.
ATHENS, June 20 Piraeus Bank signed a distribution deal with asset manager M&G Investments to market its mutual funds, Greece's largest lender by assets said on Wednesday.
ATHENS Piraeus Bank, Greece's largest lender by assets, is close to clinching a deal to sell 400 million euros ($473 million) of soured, unsecured consumer loans as part of efforts to shrink its bad-debt load, bankers close to the deal told Reuters.
ATHENS, May 29 Greece's largest lender Piraeus Bank said on Tuesday it had agreed to sell a 1.45 billion euro ($1.7 billion)portfolio of secured, non-performing business loans to Bain Capital Credit as part of moves to reduce its bad debts.