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  • Piraeus Bank is a Greek financial services company with its headquarters in Athens, Greece. Founded in 1916, Piraeus Bank operated as a private credit institution for many decades, while for the period 1975-1991 it went through state ownership and management before it was privatized in December 1991. Since then, it has rapidly grown in size and activities. It operates in Greece, Frankfurt and London through a branch network of 960 stores. Its banking subsidiaries operate in 7 countries, namely Albania, Bulgaria, Cyprus, Egypt, Romania, Serbia, Ukraine. Geniki Bank is also a subsidiary of Piraeus Bank, operating in Greece. As of September 2013, it is the leading bank in Greece with a 30% market share in loans and 29% in deposits. Piraeus Bank's stocks are listed in the Athens Stock Exchange since January 1918. Today following the acquisitions of the “good” ATEbank and of Geniki Bank, the banking operations in Greece of Bank of Cyprus, Cyprus Popular Bank and Hellenic Bank and the acquisition of Millennium Bank Greece, the combined total assets of the Group amounted to €93 bn, net loans €62 bn and customer deposits €55 bn.

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