Piraeus Bank: Ethniki Asfalistiki and Snappi for Revenue Diversification

Piraeus Bank analyzes in its results the two strategic moves expected to significantly diversify its revenue sources: the acquisition of Ethniki Asfalistiki and Snappi.

The acquisition of Ethniki Asfalistiki is subject to approval by the competent authorities, with the bank examining models for creating diversified revenue. Piraeus Bank's data before the transaction is based on forecasts announced to the market on February 24, 2025.

The post-transaction representation is proforma and includes the forecasts of the business plan of the management of Ethniki Asfalistiki, without incorporating synergies. Piraeus Bank aims to strengthen the diversification of revenue sources and create added value for its shareholders through this acquisition.