Closing of the Acquisition of GENIKI Bank by Piraeus Bank
Piraeus Bank announced on 14/12/2012 the finalization of the acquisition of the entire stake of Societe Generale (99.08%) in GENIKI Bank, having received all required approvals. Following closing adjustments, the investment by Societe Generale amounts to €460 mn versus the €444 mn announced on October 19, 2012.
With the addition of GENIKI Bank, Piraeus Bank Group acquires a fully capitalized and self-funded bank, thus further improving its financial and strategic position.
Honorary distinctions for GENIKI Bank Securities Services from the leading “Global Custodian Magazine”.
Watch the interview of Mr. Panagiotis Papapetrou, Director of GENIKI Bank Securities Services (GBSS) on the online edition of Global Custodian Magazine, the leading industry magazine.
The interview focuses on current developments and trends of the Greek and international Custody services’ markets, the strategy and positioning of GBSS in the market, as well as on its business objectives.
Pay with your GENIKI Visa credit card at the EKO petrol station and get your gift!
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Perform your transactions free of charge from the common network of more than 2,000 ATMs of GENIKI Bank, Piraeus Bank and Millennium bank!
Holders of GENIKI Cash 365 Maestro perform money withdrawals and balance enquiries free of charge.