Partnership with Development Organizations

  • 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)
  • 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
  • DESCRIPTION
    Working Capital for small and medium enterprises through the Programme ''Business Financing – Entrepreneurship Fund II''.
  • IDEAL FOR
    Businesses affected by the pandemic, based on the NACE codes announced by the Ministry of Finance
  • REPAYMENT METHOD
    • In monthly or 3-monthly instalments that pay interest and capital
  • INTEREST RATE
    0% interest rate

    for the first 2 years

  • OTHER FEATURES
    • The interest rate is 100%(*) subsidized by resources of TEPIX II for the first two years and its stable
    • Take advantage of the favorable terms provided and choose Piraeus Bank by submitting your application at:
      www.ependyseis.gr/mis
  • 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
  • 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
  • DESCRIPTION
    Working Capital and 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 Base Loan (BLR)

    or

    the Privilege Loan Rate (PLR)

    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
  • DESCRIPTION
    Piraeus Bank, in cooperation with the European Investment Fund, participates in the "Innovfin SME Guarantee Facility" and provides loans on preferential terms (guarantee by the Fund for 50% of the loan) to innovative SME’s or Small Midcaps employing up to 499 employees.
  • IDEAL FOR
    SME’s or Small Midcaps that focus on research and innovation
  • REPAYMENT METHOD
    • In 3 monthly
    • 6 monthly
    • Or annual instalments that pay interest and capital or capital
  • INTEREST RATE

    EURIBOR
    + margin
  • OTHER FEATURES
    • Grace period up to 24 months
    • Early repayment option- no fee applies
  • DESCRIPTION
    Working Capital in partnership with the Export Credit Insurance Organisation (ECIO) to finance exports.
  • IDEAL FOR
    • Exporting businesses
  • REPAYMENT METHOD
    • Capital: as soon as the invoices for sales abroad have been paid
    • Interest: every 3 months, only for the capital you have used
  • INTEREST RATE
    Fixed rate at 2.72%
    current value 


  • OTHER FEATURES
    • Free Autopay for OTE, PPC, EYDAP
  • 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)
  • DESCRIPTION
    Piraeus Bank, in cooperation with the European Investment Fund, participates in the “COSME” guaranteeing tool and grants loans to support small and medium-sized enterprises on preferential terms and reduced collateral (guarantee by the Fund for 50% of the loan and collateral not exceeding 30% of the amount of the loan)
  • IDEAL FOR
    Small & Medium businesses and professionals, with a turnover of up to € 2.5 million, to cover recurring liquidity needs against future receivables from POS sales
  • REPAYMENT METHOD
    • Repayment of the Capital:
      • automatically through POS transactions
      • free deposits
    • Minimum monthly payment of 5% of the outstanding balance (including interest and principal)
  • INTEREST RATE
    Variable

    Base Loan Rate (BLR) of Piraeus Bank
  • OTHER FEATURES
    • Ability to perform all of the company's payments through this account
    • Ability to use the account through winbank