Piraeus Bank (TPEIR.AT)

Overall impact
B (75)

Commentary

Piraeus Bank is a strong overall performer. With a 'B' rating of 75.4 for overall impact (89th percentile compared to all companies), Piraeus Bank ranks 14th out of 50 industry peers, behind ING Group, Skandinaviska Enskilda Banken AB, KLP and 10 others, and ahead of BNP Paribas, ABN Amro Bank, La Banque Postale and 33 others. On top material causes for Piraeus Bank's industry (Banking), Piraeus Bank performs well in Terrestrial Biodiversity (90.4 score), Sanitation Access (95.6), Sustainable Use of Natural Resources (80.1) and 2 other causes where it received an 'A' score. Piraeus Bank did not receive a 'D' or 'F' rating on any cause.
Impact
Cause TPEIR.AT
Peer rank
Overall impact

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Impact trend

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Company
Employees
8,794
Sector
Financials
Industry
Banks
Sub-industry
Diversified Banks
SASB industry
Commercial Banks
Headquarters
Greece
Share classes
BPIRY
ADR
TPEIR.AT
Description
Piraeus Financial Holdings S.A., together with its subsidiaries, engages in the provision of banking products and services in Greece and internationally. It operates through Retail Banking, Corporate Banking, Piraeus Financial Markets, Other, and NPE Management Unit segments. The company offers time, saving, and current deposits, as well as personal banking and payroll accounts; credit, debit, and prepaid cards; mortgage, commercial real estate, corporate, consumer, motor vehicle, sovereign, personal, home, farming, restructuring, and working capital loans; overdrafts; mutual funds, corporate and treasury bonds, equities, energy finance, and treasury products; and car, home and civil liability, health, endowment, accident/life, lifestyle, and corporate insurances. It also provides financial planning, asset management, payment/remittance, cash management, settlement, payroll, fixed income, foreign exchange, restructuring, risk management, stock exchange, corporate factoring, financial and operating leasing, and digital banking services. In addition, the company offers infrastructure advisory, project and real estate finance, remote banking, debt securities issuance, and commercial debt assessment and collection services. Further, it is involved in group life and health, and electronic and cyber risks insurance programs; portfolio, yachting, shopping center, property, city link areas, and real estate management services; insurance agency, land and real estate property development, and construction services; trading of boat vehicle, cars, and equipment; real estate purchase, sales, and rentals; and consulting, hotel and training, financial, telecommunication, and information technology services. Piraeus Financial Holdings S.A. was formerly known as Piraeus Bank S.A. The company was founded in 1916 and is headquartered in Athens, Greece.
Material causes
Ethos considers the following causes material for Piraeus Bank, based on its industry sub-industry Diversified Banks. Learn more about material causes in our methodology overview.

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