Partnership with Development Organizations

01

Guarantee Fund for COVID 19 Phase III

  • DESCRIPTION
    Piraeus Bank in cooperation with the Hellenic Development Bank – HDB provides Working Capital loans, with a guarantee rate of 80% of each loan, offered by the Guarantee Fund for COVID 19. These loans aim to support the economic activity of the enterprises that have been affected by COVID 19.
  • IDEAL FOR
    Very Small Businesses that aim to reinforce their liquidity needs due to the pandemic
  • REPAYMENT METHOD
    • In monthly or 3 monthly instalments
  • INTEREST RATE
    Variable

    based on Euribor
  • OTHER FEATURES
    • The Fund offers its guarantee up to 80% for each loan.
    • Guarantee Fee can be subsidized by the Fund
02

Development Fund of Western Macedonia (TADYM) COVID 19 - Working Capital with Interest Rate Subsidy

  • DESCRIPTION
    The action “TADYM - COVID19 - SMALL & VERY SMALL BUSINESSES” by the Hellenic Development Bank (HDB) aims to support businesses in the region of Western Macedonia that are adversely affected by the COVID – 19 pandemic.
  • IDEAL FOR
    Small and Very Small Businesses of in the Region of Western Macedonia affected by the pandemic.
  • REPAYMENT METHOD
    • Monthly or quarterly instalments
    • Payment of capital and interest
  • INTEREST RATE
    0%(*) interest rate

    for the first 2 years
  • OTHER FEATURES
    • The interest rate is 100%(*) subsidized by resources of TADYM for the first two years and it is fixed
    • Reduced Collateral
    • Application submission at www.ependyseis.gr/mis with bank of choice Piraeus Bank
03

Business Financing – Entrepreneurship Fund II

  • DESCRIPTION
    Investment Loans for small and medium enterprises through the Programme ''Business Financing – Entrepreneurship Fund II''.
  • IDEAL FOR
    Businesses active in:

    • Manufacturing
    • Trade
    • Services
    • Tourism
  • REPAYMENT METHOD
    • In monthly and 3-monthly instalments that pay interest and capital
  • INTEREST RATE
    Variable

    based on the BMLR

    or

    Euribor 1M/3M
  • OTHER FEATURES
    • Take advantage of the favorable terms provided and choose Piraeus Bank by submitting your application at:
      www.ependyseis.gr/mis
04

Guarantee Fund for COVID 19

  • DESCRIPTION
    Piraeus Bank in cooperation with the Hellenic Development Bank provides Working Capital loans, with a guarantee rate of 80% of each loan, offered by the Guarantee Fund for COVID 19. These loans aim to support the economic activity of the enterprises that have been affected by COVID 19.
  • IDEAL FOR
    SMEs and Large Corporate Enterprises that aim to reinforce their liquidity needs due to the pandemic
  • REPAYMENT METHOD
    • In monthly or 3 monthly or 6 monthly instalments
  • INTEREST RATE
    Variable

    based on Euribor
  • OTHER FEATURES
    • The Fund offers its guarantee up to 80% for each loan.
    • Guarantee Fee can be subsidized by the Fund
05

ESIF ERDF Greece Guarantee Fund (EEGGF)

  • DESCRIPTION
    Piraeus Bank in cooperation with the European Investment Fund participates in the guarantee instrument of the Investment Guarantee Fund (EEGGF) and grants loans to support small and medium-sized enterprises with preferential terms and reduced collateral
  • IDEAL FOR
    Small and Medium Enterprises and Professionals with the aim of enhancing liquidity and the implementation of investment plans
  • REPAYMENT METHOD
    • With equal monthly or quarterly or semi-annual interest-bearing installments(capital and interest)
  • INTEREST RATE
    Variable

    based on Euribor
  • OTHER FEATURES
    • Grace Period up to 2 years
    • Early repayment free of charge
    • Fund guarantee for 80% of the loan
    • Collateral up to 40% of the loan amount
06

ESIF- EAFRD Greece Guarantee Facility

  • DESCRIPTION
    Financing the investment plans of Farmers, SMES that are related to processing / marketing and/or development of Agricultural Products, Collective Farmer associations, with favorable terms and conditions with the ESIF- EAFRD Guarantee Facility.
  • IDEAL FOR
    • Farmers, SMEs processing agricultural products, Collective Farmer Associations
  • REPAYMENT METHOD
    • Monthly,
    • 3-monthly,
    • 6- monthly
    • yearly instalments that pay interest and capital
  • INTEREST RATE
    Variable

    based on Euribor + spread
  • OTHER FEATURES
    • The FoF provides 80% guarantee on each loan.
    • Reduced Collaterals
    • Preferential Pricing
07

EaSI Piraeus Microloan

  • DESCRIPTION
    Piraeus Bank, in cooperation with the European Investment Fund, participates in the “EaSI” guaranteeing tool and grants loans to support very small businesses and vulnerable groups on preferential terms and reduced collateral
  • IDEAL FOR
    Very Small businesses and professionals, with a turnover of up to €2 million to cover needs for:

    • Working capital or/ and
    • Investments in tangible or intangible fixed assets
  • REPAYMENT METHOD
    In equal monthly instalments Payment of capital and interest
  • INTEREST RATE
    Variable, based on the Base Loan Rate
    (BLR)
    of Piraeus Bank
  • OTHER FEATURES
    • Capital Grace Period (with interest only paid) up to 12 months
    • Early repayment option- no fee applies
08

EaSI Farmers’ Microfinance

  • DESCRIPTION
    Financing for farmers to cover the needs of agricultural production and for implementing investment plans
  • IDEAL FOR
    Farmers* to cover needs for:

    • Working capital or/ and
    • Investments in fixed assets


    *which meet the definition of micro-enterprise and are not operating in restricted sectors
  • REPAYMENT METHOD
    In monthly, 3-monthly, 6-monthly or annual instalments
  • INTEREST RATE
    Variable, based on the Base Rate for Farmers’ Loans
    (BRF)
    plus margin, plus the Law 128/1975 levy, currently at 0.12% or 0.6% depending on the farmer’s main business activity.
  • OTHER FEATURES
    • Capital Grace Period (with interest only paid) up to 12 months
    • Early repayment option- no fee applies
09

PF4EE Financial Instrument

  • DESCRIPTION
    Financing businesses with favourable terms in cooperation with the European Investment Bank and taking advantage of a dedicated collateral facility of the European Commission though the LIFE programme.
  • IDEAL FOR
    Investments that achieve improvement of the energy efficiency of:

    • buildings,
    • outdoor lighting systems, and
    • Industrial production processes
  • REPAYMENT METHOD
    • Monthly
    • Quarterly or
    • Semi-annually instalments

    Grace Period of up to 12 months
  • INTEREST RATE
    Floating Rate
    based on

    EURIBOR 1M/3M/6M
    + margin,
    reduced compared to the margin if the company was financed with funds of the Bank
  • OTHER FEATURES
    • Exception from the charge payable pursuant to Law 128/75
    • Favorable pricing for eligible businesses
    • Additional reduction in pricing for companies that support youth employment (young people 15-25 years old)
10

Loans in cooperation with European Investment Bank
"ΕΙΒ Loan for Youth Employment"

  • DESCRIPTION
    Financing SMEs and Μidcaps (up to 3.000 employees) in the form of working capital and/or investment loans with favourable terms in cooperation with European Investment Bank
  • IDEAL FOR
    Businesses active in indicative sectors:
      
    • Primary sector.
    • Manufacturing
    • Trade
    • Services
    • Tourism
  • REPAYMENT METHOD
    • In 3-monthly, 6-monthly or annual instalments that pay interest and capital or capital
  • INTEREST RATE
    Variable

    based on Euribor

    + Margin
  • OTHER FEATURES
    • Exception from the charge payable pursuant to Law 128/75
    • Favourable pricing for eligible businesses
    • Additional favourable pricing for companies that support youth employment (15-29 years)