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Piraeus Bank SA (BOPr.AT)

BOPr.AT on Athens Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Piraeus Bank agrees to sell Avis, Budget car rental franchises for 80.6 mln euros
Friday, 1 Sep 2017 

Sept 1 (Reuters) - Piraeus Bank says::agrees sale of Olympic Commercial and Tourist Enterprises to Olympia Group, Virtus International Partners consortium.Olympic Commercial holds Greek car rental franchises Avis, Budget.Piraeus will get 80.6 million euros from the sale.  Full Article

Piraeus Bank BOD resolves not to elect CEO amongst candidates
Tuesday, 20 Dec 2016 

Piraeus Bank : Said on Monday that Board of Directors resolved not to elect a new CEO amongst the proposed candidates .BOD expressed its full support for the Deputy CEO, George Poulopoulos, who is the acting CEO, and for the executive team of the Bank, who has long and proven experience.  Full Article

Hellenic Sugar aims to sell units, property for at least 50 mln euros to service debt
Friday, 5 Aug 2016 

Hellenic Sugar Industry SA :Proposes sale of property, units, to raise at least 50 million euros ($55.78 million) to restructure its debt in Piraeus Bank Full Article

Greek banks must stick to goal to cut bad debt: source

ATHENS Greece's big banks must not relax efforts to reduce their bad debt after the positive outcome of a health check by the European Central Bank, a source familiar with the situation said on Tuesday, as the sector still faces challenges.