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.
Becoming a client of Piraeus Bank can be done in a few steps:
Due to regulatory requirements Piraeus Bank performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Piraeus Bank will ask him/her to provide the following documents: passport; proof of address. For corporate clients Piraeus Bank will ask to provide corporate documentation as well as information about controlling persons. Piraeus Bank may request additional documentation or information depending on the case. Piraeus Bank performs client's identity verification via branch visit.
Piraeus Bank is the 1st largest bank in Greece in terms of total assets. In 2019 its total assets were 61 007,00 mln EUR. In 2019 the bank's net income was 27,00 mln EUR.
Piraeus Bank is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is CCC (substantial credit risk). Long-term credit rating assigned to the bank by Moody's is B3 (highly 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.
Piraeus Bank has profiles at the following social networks: