Piraeus Bank S A : Approval of the demerger of “Piraeus Insurance Agency S.A.”
July 01, 2020 at 04:04 am EDT
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Piraeus Bank S.A. announces that, following the decision of the Extraordinary General Meeting of its shareholders dated 16.06.2020, the demerger of 'PIRAEUS INSURANCE AGENCY S.A.' by way of absorption by 'PIRAEUS BANK SOCIETE ANONYME' and 'PIRAEUS AGENCY SOLUTIONS SINGLE-MEMBER SOCIETE ANONYME FOR THE PROVISION OF INSURANCE PRODUCTS' DISTRIBUTION SERVICES AND FINANCIAL SERVICES' (formerly known as 'ACCOUNTING CONSULTING & TAX SERVICES BUSINESS ADVISERS SOCIETE ANONYME'), in accordance with the provisions of article 55 para. 2, article 58 and article 140 para. 3, of Law 4601/2019, article 16 of Law 2515/1997, and the provisions of Law 4548/2018 as in force, was approved on 29.06.2020, by virtue of the decision of the Ministry of Development and Investments Nr. 66868/29.06.2020, which was registered on the same day in the General Commercial Registry with Registration Number 2162483/29.06.2020.th2020.
Athens, 01 July 2020
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Piraeus Bank SA published this content on 01 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2020 08:03:01 UTC
Piraeus Financial Holdings SA, formerly known as Piraeus Bank SA, is a Greece-based banking institute. It operates in the following main business segments: Retail Banking, Corporate Banking, Investment Banking, as well as Asset Management and Treasury. The Retail Banking segment includes the retail banking operations of the Bank and its subsidiaries, which are addressed to retail customers, as well as to small-medium companies, such as deposits, loans and letters of guarantee, among others. The Corporate Banking segment includes facilities related to corporate banking, provided by the Bank and its subsidiaries, addressed to maritime companies, such as syndicated loans, project financing and imports-exports, among others. The Investment Banking segment includes activities related to investment banking operations of the Bank and its subsidiaries, such as investment and advisory services, underwriting services and public listings, as well as stock exchange services, among others.
PIRAEUS FINANCIAL HOLDINGS S.A. 
