Piraeus Bank ESG Analysis – Where Greece Ranks
Greece showed improved performance but still lags behind the EU average
Greece showed improved performance but still lags behind the EU average
Proposal equals 0.063 euros per share and is up for approval by a Piraeus Bank general shareholders' assembly to convene in late June
Piraeus Bank has forecast profits of roughly 900 million euros this year, rising to one billion euros next year
This means that the HFSF will raise over 1.3 billion euros with reports indicating that managers have already received orders exceeding 9 billion euros.
The price range was set at between 3.7 and 4 euros per share, HFSF added.
The HFSF approved the amount of shares to be offered as well as the price of shares in a meeting over the weekend.
In contrast, the Eurozone faces persistent challenges as evidenced by stagnant growth in the fourth quarter of 2023, registering a mere 0.1% annual increase
Net earnings of 120 million euros,
The transition to a carbon-free economy is feasible and economically viable, Piraeus Bank CEO said
Growth is coming with investment and exports as a vehicle
Piraeus Bank, one of four systemic lenders in Greece, on Friday reported higher quarterly net earnings
The development comes after Piraeus Bank purchased more than 32.607 million MIG shares, representing 3.4707 percent of all voting rights for the latter, at a price of 0.1668 euros per shares
Ηas purchased more than 47.24 million shares
The outlook on the Long-Term IDR remained “positive”
Τotal budget of 373 million euros
Commission reductions of 25-50% are also coming to its invoice for online transactions
The Piraeus bond has duration of four years and can be withdrawn after the completion of the three years. Goldman Sachs and UBS were underwriters of the issue
The ATHEX-listed lender reported net earnings of 729 million euros after major losses of 3.085 billion euros over the same period in 2021
The objectives of the bank and the company
The offered price is 1.25 euros per share for the part of the share capital that it does not already hold
The chief economist of Piraeus Bank, Elias Lekkos spoke to OT FORUM
The 300 million euro deal concerns the sector of card acceptance and settlement of transactions
The system can be installed in the same or adjacent space with the consumption installation to which it is assigned and in particular it can be installed on a roof, in an uncovered plot of land or on an adjacent plot.
The price paid amounted to 98 million euros or 1.25 euros per share
These criteria combine growth and economic performance with social and environmental sustainability and play a key role in the ability of businesses to absorb Recovery Fund resources, according to the bank.
To date, the Bank has implemented contracts for large and medium-sized enterprises, with a total amount of financing in excess of 250 million euros.
Διαχειριστής - Διευθυντής: Λευτέρης Θ. Χαραλαμπόπουλος
Διευθύντρια Σύνταξης: Αργυρώ Τσατσούλη
Ιδιοκτησία - Δικαιούχος domain name: ΟΝΕ DIGITAL SERVICES MONOΠΡΟΣΩΠΗ ΑΕ
Νόμιμος Εκπρόσωπος: Ιωάννης Βρέντζος
Έδρα - Γραφεία: Λεωφόρος Συγγρού αρ 340, Καλλιθέα, ΤΚ 17673
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