|
|
|
PIRAEUS BANK S.A.
|
Newswire
|
10-02-2008 - Announcement
|
|
|
At today's signature ceremony between Piraeus Bank and European Investment Bank (EIB) for the support of Greek small and medium-sized enterprises through financing by Piraeus Bank, the Chairman Mr. M. Sallas, responding to journalists' questions regarding the financial turmoil and its consequences, stated: 1. The Greek banking system faces no risk since the Greek banks were not exposed to the so-called "toxic bonds" and remains absolutely healthy. 2. The banks in Greece maintain strong relationships with their customers based on mutual trust and this is illustrated in their results. For Piraeus Bank in specific, clients' trust is confirmed every day. 3. Piraeus Bank currently has high liquidity, above the level required by the Bank of Greece, while deposits are increasing on a daily basis, surpassing 45 percent annual growth rate at the end of September 2008. 4. Piraeus Bank's financial results for the nine months 2008, which are once again on a positive track, will be announced earlier on 20th of October 2008 for the faster and more complete updating of the investment community.
|
|
|
|
|
