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MarketScreener Homepage  >  Equities  >  Athens Stock Exchange  >  Piraeus Bank S.A.    TPEIR   GRS014003024

PIRAEUS BANK S.A.

(TPEIR)
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Piraeus Bank S A : Approval of the demerger of “Piraeus Insurance Agency S.A.”

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07/17/2020 | 11:06am EDT

Piraeus Bank announces Thymios Kyriakopoulos, Εxecutive General Manager and Chief Risk Officer (CRO), will be leaving the Βank.

Thymios Kyriakopoulos has contributed decisively, during the last three years, in developing the Bank's transformational programmes.

Mr. Kyriakopoulos' contribution was very important for the successful implementation of the 'Agenda 2020' strategic roadmap, the execution of which was conducive to the strengthening of the capital base, the restoration of profitability and the revamp of the Bank's corporate governance and control procedures. He also assumed a leading role in the establishment of the values ​​that currently govern the corporate culture of the Bank.

Thymios Kyriakopoulos, in his capacity as Chairman of the Senior Credit and Restructuring Committees, contributed substantially to the enhancement of the operating regulations of the committees, aiming at the optimal management of both capital and liquidity of the Bank.

Christos Megalou, Piraeus Bank's Chief Executive Officer, made the following statement:

'I would like to thank Thymios Kyriakopoulos, who was a close colleague of mine during the past three critical years, for his outstanding work, and his significant contribution to the achievement of our ambitious goals and aspirations. I wish him success for his future endeavours.'

The Management of the Bank and the Board of Directors warmly thank him for his services, wishing him all the best in his personal and professional life.

Athens, 17 July 2020

Disclaimer

Piraeus Bank SA published this content on 17 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 July 2020 15:05:09 UTC


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Sales 2020 1 892 M 2 237 M 2 237 M
Net income 2020 -82,6 M -97,7 M -97,7 M
Net Debt 2020 - - -
P/E ratio 2020 -3,41x
Yield 2020 -
Capitalization 448 M 530 M 530 M
Capi. / Sales 2020 0,24x
Capi. / Sales 2021 0,25x
Nbr of Employees 11 288
Free-Float 68,4%
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Technical analysis trends PIRAEUS BANK S.A.
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TrendsBearishNeutralBearish
Income Statement Evolution
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Sell
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Mean consensus HOLD
Number of Analysts 14
Average target price 1,62 €
Last Close Price 1,03 €
Spread / Highest target 148%
Spread / Average Target 57,3%
Spread / Lowest Target 7,11%
EPS Revisions
Managers
NameTitle
Christos Ioanni Megalou Chief Executive Officer & Executive Director
George P. Handjinicolaou Non-Executive Chairman
Dimitris Mavrogiannis COO & Executive General Manager
Theodore Gnardellis Chief Financial Officer & Executive GM
Jannis Delis Head-Group Technology
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