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Piraeus
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EconomyBanking
Piraeus Bank seals milestone deal with KKR over 1.2 bln of non-core assets In an unusual move by the standards of the Greek banking sector, Piraeus Bank has announced an agreement with leading global investment firm KKR for the transfer and securitisation of 1.2 billion of non-core assets to a new structure managed and controlled by KKR Credit and serviced by Piraeus.
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EconomyBanking
Piraeus Bank posts net loss of 1.56 bln in Q3 Piraeus Bank posted a net loss of 1.56 billion euros in the third quarter (Q3) of 2014 from a profit of 164.3 million in Q2, according to results published late on Tuesday.
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EconomyBanking
Piraeus Bank reports net profit of 164.3 mln in Q2 Piraeus Bank reported net profit of 164.3 million euros in Q2 from a loss of 246.6 million in Q1.
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EconomyBanking Piraeus Bank reports loss of 247 mln for Q1 Piraeus Bank concluded the first quarter (Q1) reporting season for Greek banks by posting a net loss of 247 million from 700 million in Q4.
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EconomyBanking Piraeus snaps up share in MIG to complete series of corporate moves Piraeus Bank announced on May 14 its third major corporate development in the last two months, following the successful completion of a 1.75-billion- euro capital increase in late March and a senior unsecured bond issue of 500 million in mid-March.