Headquartered in Athens, Greece, with more than 22th employees in offices in 10 countries mainly in SEE and Eastern Mediterranean, Piraeus Bank Group offers a full range of financial products and services to approximately 7mn customers. Total assets of the Group amounted to €88 bn, net loans to €59 bn and customer deposits to €54 bn, on June 30 2014.
Founded in 1916, Piraeus Bank operated as a private credit institution for many decades, while it went through a state ownership for the period 1975-1991 until it was privatized in December 1991. Since then, it has rapidly grown in size and activities, representing today the leading Bank in Greece with 30% market share in terms of loans and 29% in terms of deposits.
Piraeus Bank leads a group of companies offering a full range of financial products and services in the Greek market (universal bank). Piraeus Bank possesses particular expertise in the small – medium sized enterprises market, agricultural banking, consumer and mortgage credit and green banking, capital markets and investment banking, as well as leasing and factoring. These services are offered through the Group’s nation-wide network of 889 branches and 1,907 ATMs at the end of June 2014, and also through its innovative electronic banking network of winbank.