Piraeus Financial Hldgs S A ADR (BPIRY)

Piraeus Bank SA was established in 1916. The Company offers financial products and services to its customers. It leads a group of companies covering all financial activities in the Greek market (universal bank). The Company provides Banking solutions, Private investment banking, Insurance solutions, Car leasing, Private banking and Real estate management solutions to its customers. It also offers Banking solutions, Insurance products, Real estate, Leasing & Factoring financing, Factoring and Operational solutions for small businesses. The Company operates in four main business segments: Retail Banking, Corporate Banking, Investment Banking, and Asset Management & Treasury. The Retail banking segment includes the retail banking facilities of the Bank and its subsidiaries, which are addressed to retail customers, as well as to small - medium companies (deposits, loans, working capital, imports - exports, letters of guarantee, etc.). The Corporate banking segment includes facilities related to retail banking, provided by the Bank and its subsidiaries, addressed to large and maritime companies, which due to their specific needs are serviced centrally (deposits, loans, syndicated loans, project financing, working capital, imports-exports, letters of guarantee, etc.). The Investment banking segment includes activities related to investment banking facilities of the Bank and its subsidiaries (investment and advisory services, underwriting services and public listings, stock exchange services etc.). The Asset management and Treasury segment includes asset management facilities for clients of the Group and on behalf of the Group (wealth management facilities, mutual funds management, treasury). The Others segment includes other facilities of the Bank and its subsidiaries that are not included in the above segments (Bank's administration, real estate activities, IT activities etc.).