Founded in 1916, Piraeus Bank is one of the largest banking groups in Greece, with a strong presence in the Balkans. Operating as a universal bank, Piraeus Bank is particularly focused on medium-sized and small enterprises, agricultural banking, consumer and mortgage credit and green banking, capital markets and investment banking, as well as leasing and factoring.
Piraeus Bank is the 2nd largest bank in Greece in terms of total assets. In 2018 its total assets were 61 880,00 mln EUR. In 2018 the bank's net income was -171,00 mln EUR.
Piraeus Bank is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is RD (restricted default). Long-term credit rating assigned to the bank by Moody's is Caa2 (extremely speculative).
Piraeus Bank participates in the deposit guarantee scheme of Greece. This deposit guarantee scheme applies to all deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Piraeus Bank is a member of Hellenic Deposit and Investment Guarantee Fund (TEKE) and makes its contributions into it.
Piraeus Bank is headquartered in Athens.