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Piraeus Bank: Accelerated Credit Expansion and Revenue Growth

By Staff
Piraeus Bank: Accelerated Credit Expansion and Revenue Growth
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Piraeus Bank is experiencing accelerated credit expansion and revenue growth from commissions. Business loans are the main driver of this credit expansion.

New loan disbursements reached €13.3 billion, marking the bank's best historical performance. The performing loan portfolio increased by 11% year-on-year, reaching €37.3 billion, a performance that ranks among the highest in the European banking market.

Net credit expansion reached €3.9 billion, exceeding the annual target, highlighting the demand for financing and the bank's ability to support it.

Piraeus Bank plays a central role in financing the Greek economy, with a dynamic presence at the European level.