The Phoenix of Piraeus Bank lies in the Virtual Data Rooms

Piraeus Bank announced  Q4/FY:19 results . Piraeus Bank has already pre-announced key trends of FY:19 metrics (core income and loan…

Christos Megalou was very clear a few days ago when he told analysts that the bank’s plans are moving ahead and will be implemented as soon as conditions allow it..

In the context of the hive down process, the bank will make all the necessary preparations for the securitization of non-performing exposures (NPEs) with a book value pre provisions of 7 billion euros via the Phoenix (2 billion euros) and Vega (5 billion euros) portfolios.