Piraeus Bank Group - Loan Book Breakdown (2006-2014)

Banking | Greece | October 12, 2015
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Excel Sheet
Piraeus Bank Group is a Greece-based financial group providing various banking products and services in the Southeastern Europe, Greece, Western Europe, and Egypt. In the last five years, the Bank has made cummulative losses of nearly EUR 6.7 bil. The Greek economic, political and financial crisis translated into a fall in banking revenues, a hefty decline in asset prices and a massive deterioration in the asset quality. Despite the impressive retail loan book expansion in the last years (mortgage and consumer loans have risen 4-fold and 3-fold, respectively, since 206), Piraeus remains a corporate-oriented bank. At the end of 2014, corporate loans represented 73% of total Bank's loan book, compared to "only" 66% back in 2006. The data presented in the chart could be downloaded in the Companies section at www.helgilibrary.com/companies/index/piraeus-bank-group