-

Piraeus Bank: Notification Regarding Paulson & Co. Inc.’s Shareholding

ATHENS, Greece--(BUSINESS WIRE)--Piraeus Bank S.A. (“Piraeus” or the “Company”) informs the investment community that its shareholder, Paulson & Co. Inc. (“Paulson”), notified the Company on 04 November 2026 of the following statement:

<<As part of a portfolio rebalancing today, Paulson & Co. reduced its stake in Piraeus to approximately 104 million shares or 8.4% of the Company. After the sale, Paulson continues to be the largest shareholder of Piraeus. Paulson has been a long-term, supportive shareholder of Piraeus over many years, including through its purchase of approximately 233 million shares in the 2021 recapitalization at €1.15 per share alongside the Greek government. Since that time, Piraeus has been transformed under the expert leadership of CEO Christos Megalou.>>

"We remain enthusiastic about Piraeus' future prospects," said John Paulson, President of Paulson Capital. “Alex Blades, a partner at Paulson and Vice Chairman of the Board of Directors of Piraeus, will continue to be an active member of the Board”.

Piraeus Bank S.A.

OTCQX:BPIRF

Release Versions

More News From Piraeus Bank S.A.

Piraeus Bank S.A.: Nine Month 2026 Financial Results

ATHENS, Greece--(BUSINESS WIRE)--Piraeus Bank S.A. (ATHEX: TPEIR) (OTCQX: BPIRY) (OTCQX: BPIRF) Q3 and 9M 2026 highlights Broad-based growth in lending and client assets Loans reached €39.6bn, following €2.2bn net credit expansion in 9M, keeping Piraeus on track to meet its 2026 target of more than €3bn Mortgage recovery continues, with €135mn net increase in 9M and €0.6bn disbursements, +37% yoy Strong growth in client deposits +9% yoy, to €69.2bn, at 0.39% total cost Client AuMs +19% yoy at €...

Piraeus Certified Top Employer Greece 2026

ATHENS, Greece--(BUSINESS WIRE)--Piraeus has been certified as a Top Employer Greece for 2026 by the Top Employers Institute, the international organisation recognising excellence in Human Resources practices, with a presence in more than 130 countries. Piraeus is the only Greek bank included in the Top Employers Greece 2026 list. The certification is based on an independent evidence-based assessment of the maturity, consistency, and effectiveness of an organisation's human resources management...

Ethniki Insurance Priced Its Inaugural €200mn Tier 2 and Restricted Tier 1 Perpetual Bonds

ATHENS, Greece--(BUSINESS WIRE)--Piraeus Bank S.A. (“Piraeus” or the “Bank”) announces that its wholly owned subsidiary, “The Ethniki“ Hellenic General Insurance Company S.A. (“Ethniki Insurance” or the “Issuer”), has successfully priced an inaugural dual-tranche subordinated bond issuance totalling €200mn. The transaction comprises a €100mn Tier 2 bond (“Tier 2”) carrying a fixed annual coupon of 5.25%, with a maturity of 10.25 years and an issuer call option after 5.25 years, and a €100mn Res...
Back to Newsroom