Displaying items by tag: piraeus bank

By 2050, the agri-food sector worldwide should feed 40% more people, while arable land per capita will have decreased, while the contribution of the Greek agricultural sector in terms of Gross Value Added stands at 4.7%. At the same time, the high production costs and the small and fragmented agricultural holdings, the areas that need attention.

Piraeus Bank on Thursday officially announced the successful issue of a 500 million euros Tier 2 bond with institutional investors at a coupon of 5.50 pct. The bond has a maturity of 10 years, an embedded issuer call option after 5 years and will be listed on the Luxembourg Stock Exchange.

Piraeus Bank on Tuesday announced the transfer of its Recovery Banking Unit to the new management company Alternative Financial Solutions (AFS).