Piraeus Bank proposes special offer for small and medium enterprises (SME). Starting from January 25, 2010 till April 1, 2010 new SME clients get special offer under the "Easy Start" tariff package:

• open an account – free of charge;
• account maintainance during the first month of servicing – free of charge;
• Piraeus Online Banking system installation – free of charge.

Special offer is tailored for small and medium businesses: they are private interpreneurs and legal entities which have annual sales below UAH 100 mln. Special offer is available in all Piraeus Bank branches in Ukraine.

According to Piraeus Bank in Ukraine`s head of SME division Ruslan Spivak, the bank provides customers with the opportunity to begin banking servicing with minimal costs and start gaining benefits from cooperation with Piraeus Bank immediately. Among the main advantages: high quality and fast services, inter-day payments, competitive fees for banking services and access to user friendly Internet banking system Piraeus Online Banking. "Piraeus Bank Group has a traditionally strong position in small and medium-sized businesses segment. This client segment accounted for almost a half of the total loan portfolio of the Group. In all countries where Piraeus Bank operates we pay special attention to SME servicing. The same strategy is adopted in Ukraine", R. Spivak said.

Note. Piraeus Bank is one of the major banking institutions of Southern and Eastern Europe with assets of EUR 52.3 bln and total equity of EUR 3.75 bln (as at 30.09.2009). Established in 1916, Piraeus Bank today has presence in Greece, Ukraine, Romania, Bulgaria, Albania, Egypt, Serbia, Cyprus as well as in the world financial centres of New York and London. Piraeus Bank S.A. leads Piraeus Bank Group, which consists of 10 banks and 21 companies covering the entire range of financial services.

In Ukraine Piraeus Bank provides a full range of banking services to individuals, small and medium business and to corporate clients. The regional network of Piraeus Bank ICB covers 14 regions of Ukraine.

Piraeus Bank is a member of Association of Ukrainian Banks, participant of the Fund of Guaranteeing the Deposits of Individuals. The Bank also included in the list of banks authorized by the Pension Fund of Ukraine to make payments of pensions and financial assistance.

On the 25th of December, 2009 independent credit rating agency “Credit-Rating” has confirmed the highest rating of deposits reliability of Piraeus Bank provided in March 2009 (grade “5”), that shows the bank's capacity to timely and in full make payments on existing deposits.


Piraeus Bank Press Service in Ukraine
Andriy Sakhno
phone/fax: +38(044)495-8888
e-mail: asakhno@piraeusbank.ua