Piraeus Bank

[9] Piraeus Bank's shares have been listed on the Athens Stock Exchange (ATHEX) since January 1918.

The new headquarters designed by Sir Basil Spence were built on Stadiou Street in the center of Athens.

In 2006 the PB sold back to ING its stake in a jointly owned mutual funds company.

Within the European debt crisis, Piraeus Bank has been subject to the Greek austerity packages: the Hellenic Financial Stability Fund became its main stock holder since 2012 and remained such as of 2020.

In 2011, according to reports in July 2012, the bank obscured its real access to capital by providing circular loans to finance purchase of its own stock through undeclared offshore companies.

[19] It would reach an international presence consisting of 370 branches focusing in Southeastern Europe and the Eastern Mediterranean as of 2014.

[10] After a probe by the European Commission over government bailouts following the Greek government-debt crisis, in July 2014 restructuring plans for the bank were approved.

[20] In November 2015 the European Commission approved amended restructuring plans for Alpha Bank and Eurobank and then for Piraeus Bank on 29 November 2015, allowing a new injection of €2.72 billion of public funds via the Hellenic Financial Stability Fund.

This information is supported by a reference provided by the GDPR Fine Tracker Portal[34] Media related to Piraeus Bank at Wikimedia Commons

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