Piraeus Financial Holdings S.A. (5ZT)

Profile

https://www.piraeusbank.gr

Piraeus Financial Holdings S.A. is a prominent financial holdings company and the parent entity of Piraeus Bank, Greece's leading bank by loan and deposit market share, as well as network presence. Founded in 1916 and headquartered in Athens, it provides a comprehensive range of banking and financial services through segments including Retail Banking for mass, affluent, private, small business, and public clients; Corporate Banking covering large corporates, shipping, SMEs, green, and agricultural sectors; Piraeus Financial Markets for fixed income, foreign exchange, treasury, and institutional clients; and a Legacy Unit managing non-core assets. With the largest distribution network in Greece, it serves 4.5 million active customers, holding €37 billion in loans and €64 billion in deposits as of September 2025, alongside €14 billion in assets under management. The group emphasizes revenue diversification, lending expansion for economic recovery, operational efficiency, and strong capital management, evidenced by a 20.6% total capital ratio and robust profitability with 15% return on tangible equity. Piraeus Financial Holdings S.A. plays a pivotal role in the Greek financial market, supporting SMEs, agriculture, and green initiatives while maintaining direct supervision by the European Central Bank as a significant institution.