Business & Economy

Piraeus was declared “Best Bank in Greece” for 2014

15 April, 2014

Piraeus Bank was declared “Best Bank in Greece” for 2014 by the internationally renowned magazine Global Finance.
The distinction, which concerns financial institutions in developed countries, is awarded to the banks that responded effectively to the needs of their customers in difficult periods for the markets and achieved important objectives, while laying the foundations for future successes.
Various objective criteria were examined and the views of analysts, evaluation firms, banking consultants and other executives of the banking industry were taken into account during the evaluation. The objective criteria included the asset growth, market share, profitability, geographic expansion, leadership in product design, innovative e-services, new business development (acquisitions, share capital increase) and customer satisfaction.
According to Global Finance, the combination of these factors leads to the emergence of leading banks, those with which international organizations prefer to deal with.