Piraeus Bank, the largest bank in Greece, is strategically committed to assume a leading role in restarting the Greek economy by supporting Greek private entrepreneurship. As the largest lender in the business sector, it focuses on the Small and Medium size Enterprises (SMEs), that are the backbone of the Greek economy. Piraeus Bank possesses the necessary skills and resources to provide the available financing solutions for the benefit of its customers, to help SMEs to overcome the results of the recession and become a driving force for growth and employment.
Piraeus Bank, expanding its existing cooperation with international organizations, EIB, EIF and EBRD, has today signed two contracts worth a total of €500mn to finance SMEs, in all sectors of the economy.
The total disbursement of Piraeus Bank for the financing of SMEs will amount over 1 bn. in 2017 whereas the objective is to exceed 1.5 bn in 2018.