Headquartered in Athens, Greece, with more than 22,000 employees in offices in 10 countries, Piraeus Bank Group offers a full range of financial products and services to approximately 7mn customers.
Total assets of the Group amounted to €89 bn, net loans to €59 bn and customer deposits to €55 bn on March 31st, 2014.
Founded in 1916, Piraeus Bank operated as a private credit institution for many decades, while it was placed under state ownership for the period 1975-1991 until it was privatized in December 1991. Since then, it has rapidly grown in size and operations, making it today into the leading Bank in Greece with 30% market share in terms of loans and 29% in terms of deposits.