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Piraeus Bank


Piraeus Bank Group is a Greek bank founded in 1916 that went through a period of state ownership and management (1975–1991) before it was privatised in December 1991. Since then, it has continuously grown in size and activities. The Piraeus Bank group of companies engages in financial and banking activities not only in Greece, but also in Southeastern Europe and the Eastern Mediterranean, as well as the financial centres of London and New York.Piraeus Bank Group engages in retail banking, the financing of small and medium-sized enterprises (SMEs), capital markets, investment banking, leasing, real estate and financing of the shipping sector.Piraeus Bank Group has a constantly expanding network with more than 300 branches in Greece, 14 branches in New York, 1 in the UK, 180 branches in Romania, 72 in Bulgaria, 38 in Albania, 38 in Serbia and 40 in Egypt. Piraeus Bank Group acquired a Ukrainian bank, International Commercial Bank, in 2007. In addition, Piraeus Bank operates a representative office in Moscow.Additionally, Piraeus Bank offers a line of online banking services under the brand "winbank".
Net income € 1.8 million  (2011)

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