Piraeus Bank is a large, aggressively expanding Greek bank with about 270 branches, including one in London, and subsidiaries in New York and the Balkans.

History

• 1916: Banque du Piree (Piraeus Bank; BP) established.
• 1975: BP came under government ownership.
• 1991: The government privatized BP and the bank changed its name to Piraeus Bank (PB).
• 1998: PB absorbed the activities of Chase Manhattan Bank (2 branches) in Greece, and Crédit Lyonnais Greece. It also acquired 37% of Macedonia-Thrace Bank from National Bank of Greece in a privatization.
• 1999: PB acquired 35% of Xios Bank. PB also absorbed the activities of National Westminster Bank in Greece.
• 2000: PB merged in Macedonia-Thrace Bank and Xios Bank.
• 2002: PB acquired 58% of ETBA Bank (Hellenic Industrial Development Bank) from the Greek government with a view to merging it. PB also entered into a strategic alliance with ING Group, which took a 5% stake in PB.
• 2003: PB merged in ETBA Bank.

International expansion View of Piraeus A night ferry about to leave the port of Piraeus for the Dodecanese Piraeus, or Peiraeus (Modern Greek: Πειραιάς Peiraiás or Pireás, Ancient Greek / Katharevousa: Πειραιεύς Pireéfs) is a city in the prefecture of Attica, Greece, located south of Athens. ... The Chase Manhattan Bank was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. ... Crédit Lyonnais is a French bank. ... Thrace (Greek Θρᾴκη Thrákē, Bulgarian Тракия Trakija, Turkish Trakya) is a historical and geographic area in southeast Europe spread over southern Bulgaria, northeastern Greece, and European Turkey. ... The National Bank of Greece (NBG) is the largest and oldest commercial bank in Greece. ... Old NatWest logo NatWest (formerly the National Westminster Bank) is the United Kingdoms third biggest bank. ... ING Group N.V. NYSE: ING, Euronext: INGAis a financial institution of Dutch origin offering banking, insurance and asset management services. ...

• 1995: PB established Piraeus Bank Romania.
• 1996: PB established Tirana Bank. This was the first privately owned banking institution in Albania and now has 15 branches.
• 1999: with its acquisition of Xiosbank, PB gets Xios's branch in Sofia, Bulgaria, and PB now has some 15 branches in the country. PB also acquires Marathon National Bank of Astoria, New York, which has branches in Astoria, Bayside, Broadway and Bayridge. Astoria is a town with a large population fo Greek descent.
• 2000: PB acquires Pater Bank in Romania from Budapest Bank. Pater Bank targeted Hungarians living in Romania.
• 2003: PB acquired Interbank N.Y., which operated a network of 5 branches in New York City, and specifically in Brooklyn, Astoria, Queens, as well as in Park Avenue, downtown Manhattan. PB then merged Interbank with Marathon National.
• 2005: PB acquires Belgrade based Atlas banka in Serbia.

PB has a branch in London, and had a branch in Frankfurt that it may have closed. Pireaus Bank Romania is a subsidiary of Greeces Piraeus Bank. ... average temperature and precipitations in Tirana Tirana (Albanian: Tiranë or Tirana) is the capital and largest city of Albania. ... The city of Sofia (Bulgarian: София), at the foot of the Vitosha mountain, has a population of 1,208,930 (2003), and is the biggest city and capital of the Republic of Bulgaria. ... Astoria can mean: Cities in the United States (listed in order of population) Astoria, New York, formerly an independent town, now part of Queens in New York City The city of Astoria, Oregon The city of Astoria, Illinois The city of Astoria, South Dakota Famous Places The London Astoria, a... Budapest (pronounced ) is the capital city of Hungary and the countrys principal political, industrial, commercial and transportation centre. ... Belgrade (Serbian, Београд, Beograd   listen[?]), is the capital of Serbia since 1404, Serbia and Montenegro (2003–Present) and Yugoslavia (1918–2003). ... Serbia and Montenegro  â€“ Serbia    â€“ Kosovo and Metohia        (UN administration)    â€“ Vojvodina  â€“ Montenegro Official language Serbian1 Capital Belgrade Area  â€“ Total  â€“ % water  88,361 km²  n/a Population  â€“ Total (2002)     (without Kosovo)  â€“ Density  7. ... The clock tower of the Palace of Westminster, which contains Big Ben London is the capital city of the United Kingdom and of England. ...   Frankfurt am Main[?] [ˈfraÅ‹kfÊŠrt] is the largest city in the German state of Hesse and the fifth-largest city in Germany. ...

External link

• Official Web Site
• Online Banking Web Site