Piraeus Bank S.A.

Piraeus Bank S.A. is a leading Greek universal bank and key subsidiary of Piraeus Financial Holdings S.A., headquartered in Athens. Founded in 1916, it provides a comprehensive range of financial services including retail banking with standard products like real estate lending and consumer credit (46.6% of revenues), corporate banking focused on factoring, structured project financing, and leasing (30.9%), market banking (18.3%), and other activities (4.2%). The bank serves approximately 6 million customers through a network of 371 branches and 2,053 ATMs primarily in Greece, where it holds the largest market share in loans (€37.6 billion) and deposits (€59.6 billion as of June 2024). With around 7,500 employees, Piraeus Bank emphasizes operational efficiency, sustainable profitability, and economic support via SME lending, green banking, and innovative solutions like the neobank snappi. It maintains strong financial metrics, including a CET1 ratio of 14.2% and low NPE ratio of 3.3%, positioning it as a pivotal player in the Greek and regional financial landscape.