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PIRAEUS BANK 23/29 FLRMTN

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Overview
Analysis

Key terms


Outstanding amount
‪500.00 M‬EUR
Face value
1,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
6.75% (Variable)
Coupon frequency
Annual
Yield to maturity
4.21%
Maturity date
Dec 5, 2029
Term to maturity
5 years

About PIRAEUS BANK 23/29 FLRMTN


Issuer
Piraeus Bank SA
Sector
Finance
Industry
Major Banks
Issue date
Dec 5, 2023
ISIN
XS2728486536
Piraeus Bank is a multinational financial service company that provides products and services for small and medium-sized enterprises. The company also offers a full range of financial products and services in the areas of retail, wholesale, SMEs, agribanking, investment banking, asset management, leasing & bancassurance, and treasury & financial markets. It has made a series of strategic acquisitions and mergers aiming to establish a strong presence in the domestic market. Piraeus Bank offers services in private banking, asset management, investment banking, retail banking, and commercial banking. The company is committed to including social, environmental, and cultural aspects into its business practices and assumes initiatives over and above the legal obligations with the aim of enhancing social welfare and sustainable development. Piraeus Bank received the Loyalty Magazine Awards 2018 for the Yellow Rewards Program and the Global Excellence Award in the area of Relationship Management and Client Services and was named Performance Brand of the Year” at the Peak Performance Marketing Awards 2018. Piraeus Bank was founded in 1916 and is headquartered in Athens, Greece.
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