Excellent Results for Piraeus Bank in 2016

25 per cent increase in the segment of cash dinar loans to retail clients and 19 per cent in the area of business loans

Excellent Results for Piraeus Bank in 2016

At its traditional lunch with media representatives, Piraeus Bank announced excellent operating results and profit generated in 2016. The bank’s portfolio of corporate loans doubled last year, while its portfolio of dinar cash loans also increased significantly.

“During last year we doubled our healthy portfolio of loans to businesses, which testifies to our commitment to the local market and the development of the Serbian economy,” announced Vojislav Lazarević, Piraeus Bank CEO and General Manager in Serbia.

Piraeus announced even more ambitious plans for this year, which encompass a 25 per cent increase in the segment of cash dinar loans to retail clients and 19 per cent in the area of business loans.

Piraeus Bank will continue its CSR activities in the period ahead. Alongside the substantial support it already provides to the Basketball Federation of Serbia, the bank also announced its sponsorship of the 5th International Cup of Mathematical Grammar Schools.