Announcement on the increase of share capital by capitalization of part of the share premium reserve and concurrent reduction of share capital by return of cash to shareholders
“PIRAEUS BANK S.A.” (hereinafter referred to as “Bank”), informs the investment community that the Annual General Meeting of shareholders of April 21st, 2026, decided:
(a) the increase of the share capital of the Bank by €494,381,211.20, through capitalization of an equal amount of the existing share premium reserve through increase of the nominal value of each share of the Bank from €0.93 to €1.33, and
(b) the equivalent reduction of the share capital of the Bank by €494,381,211.20, through reduction of the nominal value of each share of the Bank from €1.33 to €0.93, and the distribution of the full amount of the reduction to the shareholders of the Bank as a cash payment, i.e. an amount of €0.40 per share.
Following the above increase and decrease of the share capital by an equal amount, the share capital of the Bank amounted to €1,149,436,316.04, divided into 1,235,953,028 common, registered voting shares, with a nominal value of €0.93 each.
On June 23, 2026, the decision of the Ministry of Development under protocol number 4087458 AP/23.06.2026 was registered with the General Commercial Register (G.E.MI.) with Registration Code 6090542, by virtue of which the respective amendment of article 25 (Historical Evolution of Share Capital) of the Bank’s Articles of Association was approved.
Euronext Athens was informed on 23.07.2026 of the increase and decrease of the share capital of the Bank by an equal amount effected through a corresponding increase and decrease of the nominal value of all shares of the Bank and the return of capital by cash payment to the shareholders amounting to €0.40 per share.
Following the above, from Monday, 03.08.2026 (Ex-date of the share capital return), the shares of the Bank will be traded on the Euronext Athens with a final nominal value of €0.93 per share and without the right to participate in the capital return in cash to shareholders amounting to €0.40 per share.
From the same date, the starting price of the Bank’s shares on Euronext Athens will be adjusted in accordance with the Euronext Athens Regulation in conjunction with decision no. 26 of the Board of Directors of Euronext Athens, as applicable.
Beneficiaries of capital return are shareholders registered with the Dematerialized Securities System (DSS) records on Tuesday, 04.08.2026 (record date – date of determination of beneficiaries).
Friday, 07.08.2026, is set as the starting date for the payment of the capital return (€0.40 per share).
The payment of capital return to the beneficiaries will be processed through the paying bank “PIRAEUS BANK S.A.”, as follows:
Through the Participants of the beneficiaries in the DSS (Banks, custodians and investment firms), in accordance with the provisions of the Operating Regulation of Euronext Securities Athens and the relevant decisions thereof.
Especially in cases of capital return payment to heirs of deceased beneficiaries, whose securities are kept in the Special Account of their Share in the DSS under the management of Euronext Securities Athens, the process will be carried out after the completion of the legitimation of their heirs, through “PIRAEUS BANK S.A.” branch network.
For further information, shareholders are requested to directly contact the Bank’s Shareholders’ Registry Department (contact numbers +30 210 3288737, +30 210 3335039 & +30 210 3739301).
Announcement of the Merger Process of the Bank’s Wholly-Owned Subsidiaries – Draft Merger Agreement
PIRAEUS BANK S.A. (the “Bank”) informs the investment community that, pursuant to the resolutions of its Board of Directors dated 21.05.2026 and 25.06.2026, it resolved to take all the necessary actions to effect the merger through absorption by the Bank of its wholly-owned subsidiaries (non-listed companies) “ND DEVELOPMENT SINGLE-MEMBER SOCIÉTÉ ANONYME REAL ESTATE, TECHNICAL, CONSTRUCTION & TOURISM COMPANY”, “PROPERTY HORIZON SINGLE-MEMBER SOCIÉTÉ ANONYME DEVELOPMENT, REAL ESTATE, TECHNICAL, CONSTRUCTION & TOURISM COMPANY”, “PIRAEUS DEVELOPMENT SINGLE-MEMBER S.A. REAL ESTATE DEVELOPMENT & TOURISM COMPANY”, “PIRAEUS PROPERTY REAL ESTATE MANAGEMENT SINGLE-MEMBER SOCIÉTÉ ANONYME”, “PLEIADES SINGLE-MEMBER SOCIÉTÉ ANONYME FOR REAL ESTATE DEVELOPMENT AND MANAGEMENT” and “WOLI OPERATIONS SINGLE-MEMBER PRIVATE COMPANY (P.C.)” (hereinafter the “Absorbed Companies” or the “Companies” and, together with the Bank, the “Merging Companies”), which will take place pursuant to the combined application of Article 16 of Law 2515/1997, as well as Articles 6 paras. 2 and 3, 7–21, 30–35, 42–45 and 140 para. 3 of Law 4601/2019, Law 4072/2012 and Law 4548/2018, as in force (the “Merger”).
The Boards of Directors or the Managers, as the case may be, of the Merging Companies set 31.12.2025 as the Transformation Balance Sheet Date for the purposes of the Merger and proceeded to the joint preparation, the approval and the execution by their authorized representatives of the draft merger agreement dated 26.06.2026 (the “DMA”).
The DMA was registered with the General Commercial Registry (G.E.MI.) of the Bank on 10.07.2026, in accordance with the requirements of the applicable legislation. The DMA, together with the other documents provided for under Article 11 para. 1 of Law 4601/2019, will be available both on the Group’s website (www.piraeusgroup.gr) and at the Bank’s registered office.
The Bank will inform the investment community of the completion of the Merger process, following compliance with the procedure required by law.
Piraeus Group: First Quarter 2026 Financial Results
Christos Megalou (CEO) Statement
“Piraeus first quarter performance reflects a strong business, underpinned by a resilient franchise and disciplined execution. While t he ongoing conflict in the Middle East continues to add uncertainty to the global and European economies, Piraeus is well position ed to navigate the current situation. Our resilience is reinforced by the strength of the Greek economy, which grew by 2.1% in 2025, well above the Euro area average , with a strong primary surplus and a rapidly declining debt -toGDP ratio . Growth is expected to remain above the EU average, supported by investment, consumer spending, and EU structural funds. In this operating environment, Piraeus had a solid start to 2026, with the first quarter results confirming its good progress towards achieving its full year targets , generat ing 15% return over tangible equity with €6.1 tangible book value per share. Our loan book expanded by €1.3bn in Q1, reflecting strong demand across all business segments, while assets under management grew on the back of solid net inflows. Net interest income remained stable in the first quarter of the year, while revenues from services performed strongly, supported by the contribution of the Ethniki Insurance business, asset management and bancassurance. Fees now represent 32% of net revenues, underlining continued progress in revenue diversification. Our disciplined approach to efficiency and risk management was reflected in a cost to income ratio of 37% and a con trolled organic cost of risk of 32 basis points. Our total capital ratio stood at 18.5%, providing significant headroom above regulatory requirements. In line with our commitment to shareholder returns, the Annual General Meeting approved a cash distribution amounting to €49 4mn or €0.4 per share out of 2025 results, planned to be paid in June . In 2026, the distribution payout ratio will increase to 57% compared to 55% in 2025. We are also encouraged by the continued growth of Snappi, which has reached 100,000 customers , alongside ongoing investments in digital transformation and sustainability, including new fintech partnerships and green financing initiatives. We have entered 2026 with strong momentum, clear capital trajectory and a resilient balance sheet, and we remain focused to deliver ing our targets and creat ing sustainable value for our shareholders and customers .”
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Resolutions of the Annual General Meeting of Piraeus Bank S.A. April 21st, 2026
Piraeus Bank S.A. has announced that the Annual General Meeting of Shareholders, held in April 21st, 2026 at 18:00 conducted in a hybrid manner, namely, with the physical presence of Shareholders in Athens, at the King George Hotel, and with the participation of shareholders remotely in real-time via teleconference, was attended either in person or by proxy, by shareholders representing 896,194,774 shares corresponding to 72.51% of the total 1,235,953,028 shares with voting rights in said Annual General Meeting.
The Annual General Meeting adopted the following resolutions:
1. Approved the Annual Financial Report (for both the Bank and the Group) for the financial year 01.01.2025 – 31.12.2025, including the Annual Financial Statements, the relevant Board of Directors’ Reports and Statements, as well as the Independent Auditor’ Report.
2.
2.1 Approved a share capital increase of €494,381,211.20, through the capitalization of an equal amount from the existing “share premium” reserve and the increase in the nominal value of each common share from €0.93 to €1.33.
2.2 Approved a share capital reduction of € 494,381,211.20, by decreasing the nominal value of each common share from €1.33 to €0.93. The full amount of the reduction will be distributed to the Bank’s shareholders as a cash payment. It further authorizes the BoD to carry out all necessary actions to implement this decision. It further authorized the BoD to carry out all necessary actions to implement this decision.
2.3 Approved the respective amendment of article 25 of the Bank’s Articles of Association.
3. Approved the overall management of the Bank for the financial year 01.01.2025- 31.12.2025, in accordance with article 108 of Law 4548/2018 and the release of the auditors from any liability for the financial year 01.01.2025-31.12.2025, pursuant to article 117 para. 1 case (c) of Law 4548/2018.
4. Approved the appointment of the audit firm “Deloitte” to conduct the statutory audit of the Bank’s standalone and consolidated financial statements, the audit and assurance of the Sustainability Statement as well the Tax Audit for the financial year 01.01.2026 – 31.12.2026 with an annual fee of €1,776 thousand, €389 thousand and €205 thousand, respectively, plus VAT.
5. Took note of the annual Audit Committee’s Report, in accordance with article 44 par. 1 (case i) of Law 4449/2017.
6. Took note of the Independent Non – Executive Directors’ Report of the Bank, in accordance with article 9, par. 5 of Law 4706/2020.
7. Cast an affirmative vote for the Remuneration Report of year 2025, in accordance with article 112 of Law 4548/2018.
8. Approved the remuneration paid to members of the Board of Directors in respect of the financial year 2025 and granted approval for the advance payment of remuneration to the Directors in respect of the financial year 2026, in accordance with article 109 of Law 4548/2018.
9. Approved the cash distribution of an amount up to €22.5 million to the Bank’s staff from discretionary reserves (article 162 of Law 4548/2018), originating from the “dividends reserve of articles 48-48A of Law 4172/2013” account, and included in the “non-taxed reserves” account of the Statement of Changes in Equity.
10. Approved the amendment of the Directors’ Remuneration Policy.
11.
a. Approved the Bank’s Share Buy-Back Programme for the acquisition of up to 11,000,000 own common shares of the Bank, corresponding to 0.89% of the paid up share capital of the Bank, at a price range between €3 (minimum price) to €12 (maximum price) per share, for a period of 24 months from the date of the General Meeting’s decision, provided that the applicable legislative and regulatory conditions, are met at the time of acquisition, including the approval of the Single Supervisory Mechanism (SSM). The total cost of the own shares’ buybacks shall not exceed €33,000,000, plus transaction costs. The acquisition of own shares under the Share Buy-back Programme may be carried out by the Bank and/or any of its Subsidiaries and
b. Granted authorization to the Board of Directors of the Bank to proceed with the implementation of this decision in the appropriate timing and manner and to handle all procedural details related to this decision. The Board of Directors may delegate part of these powers to one or more of its members or executives of the Bank.
12.
a. Approved the increase of the higher maximum ratio between the variable and fixed components of total remuneration for approximately 26 executives (representing around 0.3% of the total staff) of the Bank and the Group, as follows:
• up to 180% for the Chief Executive Officer,
• up to 150% for the Executive General Managers (currently 10 individuals), and
• up to 120% for certain Core Business General Managers, excluding executives in Internal Control Functions (approximately 15 individuals). This authorization shall take effect from the 2026 performance year and shall be implemented strictly in accordance with the Group Remuneration Policy, the Directors’ Remuneration Policy and the applicable legal and regulatory framework.
b. Granted authorization to the Board of Directors of the Bank to determine, on a case‑by‑case basis, the exact level of variable remuneration within the above percentages for the eligible executives, and to exercise the Bank’s voting rights in the General Meetings of Group subsidiaries so as to apply a corresponding ratio where appropriate.
13. Granted permission, as per article 98 par. 1 of Law 4548/2018 to the Members of the Board of Directors and Managers of the Bank to participate in the Board of Directors or in the management of the Bank’s subsidiaries and affiliates.
PIRAEUS BANK – Constitution of the new Board of Directors into body and Composition of the Board of Directors Committees
PIRAEUS BANK Société Anonyme (the “Bank”) announces that the new Board of Directors, which was elected at the Extraordinary General Meeting of Shareholders held on 05.12.2025, during its session on 10.12.2025 constituted as a Body and designated its Executive and Non – Executive Members, in accordance with Law 4706/2020 as in force, as follows:
Chairman of the Board- George Handjinicolaou, father’s name Peter, Non – Executive Member
Vice – Chairman- Alexander Blades, father’s name Zisis, Non – Executive Member
Executive Board Members- Christos Megalou, father’s name Ioannis, Managing Director (CEO)- Vasileios Koutentakis, father’s name Dimitrios
Independent Non – Executive Board Members- Anne Weatherston, father΄s name John, Senior Independent Director- Venetia Kontogouris, father’s name Gerasimos- Andrew Panzures, father΄s name Deones- Maria Semedalas, father’s name Ilias- Jeremy John Masding, father’s name John Michael- Paola Giannotti, father’s name Flaminio
Non – Executive Board Members- Enrico Tommaso Cucchiani, father’s name Clemente
The new Board of Directors has a term of three years, namely until the 5th of December 2028, which may be extended until the Annual General Meeting convened after such term has lapsed.
Composition of the BoD Committees
1. AUDIT COMMITTEE
Following the decision of the Bank’s Extraordinary General Meeting of 05.12.2025 regarding the type, term, number and qualifications of the members of the Audit Committee, and the decision of the Board of Directors of 10.12.2025 on the appointment of its members, the Audit Committee, at its meeting held on 10.12.2025, was constituted as follows:
Chair
Anne Weatherston
Independent Non-Executive BoD Member, Senior Independent Director
Vice Chair
Maria Semedalas
Independent Non-Executive BoD Member
Paola Giannotti
Independent Non-Executive BoD Member
Jeremy John Masding
Independent Non-Executive BoD Member
Venetia Kontogouris
Independent Non-Executive BoD Member
2. RISK COMMITTEE
Chairman
Jeremy John Masding
Independent Non-Executive BoD Member
Vice – Chair
Andrew Panzures
Independent Non-Executive BoD Member
Alexander Blades
Non-Executive BoD Member
Anne Weatherston
Independent Non-Executive BoD Member, Senior Independent Director
Maria Semedalas
Independent Non-Executive BoD Member
Paola Giannotti
Independent Non-Executive BoD Member
3. REMUNERATION COMMITTEE
Chair
Andrew Panzures
Independent Non – Executive BoD Member
Vice- Chair
Jeremy John Masding
Independent Non – Executive BoD Member
Alexander Blades
Non – Executive BoD Member
Maria Semedalas
Independent Non – Executive BoD Member
Venetia Kontogouris
Independent Non – Executive BoD Member
Enrico Tommaso Cucchiani
Non – Executive BoD Member
4. NOMINATION COMMITTEE
Chair
Paola Giannotti
Independent Non-Executive BoD Member
Vice – Chair
Enrico Tommaso Cucchiani
Non-Executive BoD Member
Alexander Blades
Non-Executive BoD Member
Andrew Panzures
Independent Non-Executive BoD Member
Venetia Kontogouris
Independent Non-Executive BoD Member
5. STRATEGY COMMITTEE
Chairman
Enrico Tommaso Cucchiani
Non-Executive BoD Member
Vice – Chairman
Jeremy John Masding
Independent Non–Executive BoD Member
Alexander Blades
Non – Executive BoD Member
Anne Weatherston
Ανεξάρτητο Μη Εκτελεστικό Μέλος Δ.Σ., Ανώτατο Ανεξάρτητο Μέλος
Andrew Panzures
Independent Non – Executive BoD Member
Paola Giannotti
Independent Non – Executive BoD Member/td>
Piraeus Bank completes the acquisition of Ethniki Insurance
Further to the announcement on 12 March 2025, Piraeus Financial Holdings S.A. informs the investment community that its subsidiary, Piraeus Bank S.A. (“Piraeus”), has concluded the acquisition of the total shares (percentage 100%) of the parent company of Ethniki Insurance, “Ethniki Holdings S.à.r.l.”, from CVC Capital Partners Fund VII and National Bank of Greece (the “Transaction”).
The total consideration paid for the Transaction is €0.6bn in cash. Following the conclusion of the Transaction, the total capital ratio of Piraeus Financial Holdings is expected to be circa 19% at end-2025, translating into a Pillar 2 Guidance buffer of circa 300bps.
The integration of Ethniki Insurance into the Piraeus Group is expected to further diversify the Group’s revenue sources, while complementing its product range, covering the whole spectrum of banking, protection and investment solutions.
Ethniki Insurance is one of Greece’s leading insurance companies, and the oldest insurance company in the country. It services 1.8mn active customers, offering all types of insurance products with a 14.6% market share (18.3% in life / 11.3% in non-life) and €850mn Gross Written Premiums (“GWP”), as of 2024.
Ethniki Insurance has €4.1bn total assets and €0.4bn shareholders’ equity. In 2024, it reported a profit before tax of €14.8mn, while based on its unaudited financial data for the 10-month period of 2025, profit before tax exceeded €30mn. Its capital position is strong, with a Solvency II ratio (SCR) of 188% in 2024, well above regulatory requirements.
In the first quarter of 2026, Piraeus will present its medium-term ambition for the expanded Group to the investment community, targeting focused growth and enhanced value creation for our shareholders, customers and people.
Christos Megalou, Piraeus Group’s Chief Executive Officer, stated:
“The acquisition of Ethniki Insurance is a defining moment for Piraeus Group and underscores our commitment to revenue diversification and strategic growth. By joining forces with Ethniki Insurance, we are broadening our capabilities across protection and investment solutions and unlocking new opportunities to deliver value to our customers and shareholders. Together, we are setting a new benchmark for the Greek economy, positioning Piraeus Group as a leader in integrated financial services and paving the way for sustainable, long-term returns.”
Dimitris Mazarakis, CEO of Ethniki Insurance, commented on the Transaction:
“The acquisition by Piraeus Bank marks an exciting new era for Ethniki Insurance. By joining forces with a leading financial group, we are unlocking new opportunities for growth and the ability to create even greater value for all our stakeholders. Together, we are building a strong, reliable, and innovative ecosystem that will further reinforce Ethniki Insurance’s role as a vital and trusted partner for our customers and generate long-term value for our shareholder.”
Advisors to Piraeus on the Transaction were UBS Europe SE (financial advisor), Milliman (actuarial advisor) and Milbank LLP, as well as Moratis Passas and Potamitis Vekris (law firms).
Piraeus initiates partnership with Qualco for the development of a digital solutions platform for mortgage loans
Piraeus Financial Holdings announces that its subsidiary, Piraeus Bank S.A. (hereinafter the “Bank”) has entered into a Shareholders’ Agreement (“SHA”) with the technological provider, Qualco S.A. (“Qualco”) to establish an operational digitalization solutions platform initially focused on mortgage loans (the “Platform”). The Platform will be developed and operated through a newly formed company, controlled by the Bank (51%), while Qualco retains a minority stake (49%).
This strategic initiative aims to differentiate Piraeus’ positioning by offering an end-to-end digital lending journey, accelerating time to cash, and optimizing loan disbursement processes. The Gen AI-powered Platform will enhance the mortgage lending experience by streamlining end to end the loan process, from application to disbursement, through advanced digital tools and technology-driven processes. Τhe Platform is envisaged to integrate in the future with real estate selling platforms and other digital tools, broadening the Bank’s market reach.
Τhe Platform will serve both as a processor of loans originated by the Bank, as well as a source of new loan opportunities for the Bank. Qualco holds a direct vested interest in the Platform’s ongoing development, maintenance and product evolution to ensure optimal performance and profitability.
Qualco, a leading technology company offering a wide range of analytics-driven fintech solutions with extended AI expertise and digital transformation experience, has been selected as the preferred partner for the development and deployment of the proposed solution as well as the long run support of the endeavor.
KLC Law Firm acted as the external legal advisors for the Bank in connection with the transaction.
Piraeus Bank credit rating upgraded to investment grade from Moody’s Ratings
“Piraeus Financial Holdings S.A.” (hereinafter the “Company”) informs the investment community that its subsidiary Piraeus Bank S.A. (“Piraeus” or the “Bank”) has been upgraded by Moody’s Ratings, to an investment grade rating of Baa3 with positive outlook. Moody’s Ratings said that their decision was driven by the significant balance sheet derisking, the solid operating profitability and strengthened capital ratios, supported also by the Bank’s favorable funding profile.
Moody’s upgraded Piraeus long-term deposit rating to “Baa3” from “Ba1”, raising the senior unsecured rating by two notches to “Baa3” from “Ba2”. The outlook for the senior unsecured debt and long-term deposit ratings of Piraeus Bank remains positive, reflecting the expectation for further upgrades in the next 12-18 months.
Commenting on the achievement, Christos Megalou, Piraeus CEO, said: “We are very pleased to have regained investment grade rating after 14 years. This accomplishment is a testament to the hard work and dedication of our entire team. It reflects our unwavering commitment to financial discipline, strategic growth, and delivering value to all our stakeholders. We will continue to build on this momentum and drive sustainable profitability for the future.”
For more information on Piraeus Financial Holdings and Piraeus Bank credit ratings please refer to Piraeus Financial Holdings Corporate website.
Piraeus Bank: Announcement of dividend payment
“PIRAEUS FINANCIAL HOLDINGS S.A.” (the “Company”) hereby announces that the Annual General Meeting of the Company’s shareholders dated 28 June 2024, approved the distribution of an aggregate dividend amount of €0.06302662 per share.
The above dividend to be paid per share is increased by the dividend which corresponds to the Company’s 2,608,759 own shares, which are not entitled to a dividend as per applicable law, hence the abovementioned gross dividend amount per share amounts to €0.06315840 per share.
The dividend amount is subject to a 5% withholding tax, pursuant to article 24 of the Law 4646/2019, which amended articles 40 and 64 of the Law 4172/2013, therefore the net payable amount will be €0.06000048 per share, where applicable.
Ex-dividend date will be Wednesday 10 July 2024, and thus from that date on, the shares of the Company will be traded on Athens Exchange without the right to receive the dividend.
Dividend beneficiaries are Company’s shareholders registered in the electronic files of the Dematerialized Securities System (D.S.S.) dated Thursday 11 July 2024 (record date).
Following the above, dividend payment to the beneficiaries will commence on Tuesday 16 July 2024.
The payment of the dividend to the shareholders will be effected through the designated paying bank “Piraeus Bank S.A.”, as follows:
1. Through the Participants in the Dematerialized Securities System (Banks and Brokerage/Securities Companies), according to the provisions of the DSS Operation Regulation of the Hellenic Central Securities Depository (ATHEXCSD) and its relevant decisions.
2. Especially in cases of payment to the legal heirs of deceased entitled shareholders, whose securities are kept in the Special Account of their S.A.T. ID in the DSS under ATHEXCSD custody, the disbursement process will be facilitated, following completion of the inheritance procedural steps, through any branch of Piraeus Bank S.A. network.
It is clarified to shareholders that the right to collect the dividend disperses if not collected within a period of five (5) years from the end of the year that the corresponding right was born (article 250 of the Greek Civil Code, item 15) and that following such term, any relevant amount shall be reimbursed to the Hellenic Republic according to article 1 of legislative decree 1195/1942.
For additional information, shareholders may contact the Company’s Shareholder’s Registry department at tel. +30 210-3288737, +30 210-3366039 and +30 210-3739301.
EBRD invests in Piraeus Bank’s synthetic securitisation in Greece
EBRD boosts development of the Greek synthetic securitisation market
Support for Piraeus Bank in enhancing its capital resilience and increasing lending capacity
Piraeus Bank to commit 170 per cent of the EBRD’s participation to green projects
The European Bank for Reconstruction and Development (EBRD) is providing €10 million in credit protection to Piraeus Bank SA, one of Greece’s four systemic banks and a long-standing partner of the EBRD. It is investing in the senior mezzanine tranche of a synthetic balance sheet securitisation of a €1.3 billion portfolio of performing SME (small and medium-sized enterprises) and corporate loans, originated by Piraeus Bank.
The transaction is expected to support Piraeus Bank in its efforts to further enhance its capital resilience by achieving a risk-weighted assets relief, and free up lending capacity to the real economy. Moreover, Piraeus Bank is committing 170 per cent of the EBRD’s participation to finance new green investments in renewable energy and energy efficiency.
The transaction is the EBRD’s second investment in a synthetic securitisation by a Greek bank and, through its participation, the Bank aims to further support the development of the Greek synthetic securitisation market.
The transaction has been structured in such a way as to satisfy the requirements for significant risk transfer under the European Union’s Capital Requirements Regulation and to achieve simple, transparent and standardised eligibility (subject to all customary approvals), promoting transparency and higher transaction standards.
The EBRD started operating in Greece on a temporary basis in 2015 to support the country’s economic recovery. To date the Bank has invested more than €6.3 billion in over 100 projects Greece’s corporate, financial, energy and infrastructure sectors.
Source: EBRD