Piraeus Bank SA (BOPr.AT)
21 Jun 2018
ATHENS, June 20 Piraeus Bank signed a distribution deal with asset manager M&G Investments to market its mutual funds, Greece's largest lender by assets said on Wednesday.
ATHENS Piraeus Bank, Greece's largest lender by assets, is close to clinching a deal to sell 400 million euros ($473 million) of soured, unsecured consumer loans as part of efforts to shrink its bad-debt load, bankers close to the deal told Reuters.
ATHENS, May 29 Greece's largest lender Piraeus Bank said on Tuesday it had agreed to sell a 1.45 billion euro ($1.7 billion)portfolio of secured, non-performing business loans to Bain Capital Credit as part of moves to reduce its bad debts.
ATHENS, March 28 Greece's largest lender Piraeus Bank turned profitable in October-to-December despite higher loan-loss provisions, improving its ratio of non-performing loans, it said on Wednesday.
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