Piraeus Bank S.A.

Piraeus Bank S.A. is a Greek multinational financial services company and the leading universal bank in Greece, headquartered in Athens. Founded in 1916 by shipowners to finance trade, it has evolved into the largest bank by market share, holding approximately 30% of loans (€37 billion as of September 2025) and 29% of deposits (€64 billion), with the most extensive branch network. As a significant institution under direct European Central Bank supervision, it offers comprehensive services including retail and commercial banking, SME support, agricultural banking, mortgage and consumer credit, green financing, capital markets, investment banking, leasing, and digital solutions like the Snappi neobank. Piraeus Bank S.A. plays a pivotal role in Greece's economy, driving lending growth (15% year-on-year), asset quality improvement, and economic recovery through diversified portfolios in corporate, SME, and mortgage sectors. Fully privatized since March 2024 after the Hellenic Financial Stability Fund divested its stake, it recently acquired Ethniki Insurance for €600 million in 2025, enhancing its fee and insurance capabilities. With strong capital ratios (20.6%) and a focus on operational efficiency, digital transformation, and ESG initiatives, Piraeus Bank S.A. sustains profitability and shareholder value in the Greek and broader European financial landscape.