Piraeus Financial Holdings SA

Detailed Description

Piraeus Financial Holdings S.A. provides banking products and services. It operates through Retail Banking, Corporate Banking, Piraeus Financial Markets, and Other segments. The company offers time, structured, deposit, saving, current, and business accounts; mortgage, consumer, personal, home improvement, farming, restructuring, and working capital loans; overdrafts; credit, debit, and prepaid cards; mutual funds, treasury bonds, equities, exchange traded funds, dual currency deposits, treasury interest-bearing notes, asset management solutions, and gold sovereigns and gold bars; and car, home, civil liability, health, endowment, accident/life, lifestyle, agricultural, civil liability, photovoltaic park, and corporate insurances. It also provides financial planning, payment/remittance, bills of exchange collection, cash management, import-export settlement, payroll, foreign exchange, risk management, letters of guarantee, factoring, leasing, and Web banking services. The company manages industrial and city link areas; assesses and collects commercial debts; offers venture capital fund and yachting management; shopping center's management, hotel training and seminars consulting, vehicle trading, financial and consulting, and payroll and labor affairs consulting; stock exchange, property development/holding and management, logistic center, real estate sale and purchase, debt securities issuance, telecommunication and IT, travel rental, wind energy park exploitation, real estate development and investment management, and investment advisory services; and generates renewable energy. It operates 474 branches in Greece, 15 branches in Ukraine, and 1 branch in Frankfurt, Germany. Piraeus Financial Holdings S.A. was formerly known as Piraeus Bank S.A. The company was founded in 1916 and is based in Athens, Greece. Piraeus Financial Holdings S.A. operates as a subsidiary of Hellenic Financial Stability Fund.