Piraeus Financial Holdings SA (FRA:BKP)
€ 3.773 -0.072 (-1.87%) Market Cap: 4.80 Bil Enterprise Value: -2.20 Bil PE Ratio: 4.38 PB Ratio: 0.59 GF Score: 58/100

Piraeus Bank SA Corporate Call Transcript

Feb 03, 2020 / 04:00PM GMT
Release Date Price: €49.55 (-0.19%)
Operator

Ladies and gentlemen, thank you for standing by. I am Getty, your Chorus Call operator. Welcome, and thank you for joining the Piraeus Bank conference call to present and discuss the market update.

(Operator Instructions) The conference is recorded. (Operator Instructions)

At this time, I would like to turn the conference over to Piraeus Bank CEO, Mr. Christos Megalou. You may -- Mr. Megalou, you may now proceed.

Christos Ioannis Megalou
Piraeus Bank S.A. - MD & Executive Director

Good afternoon, ladies and gentlemen, and good morning to those joining us from the U.S.

I'm Christos Megalou, CEO of Piraeus Bank, and I'm here today with our CFO, Theodore Gnardellis; Group Treasurer, Tom Arvanitis; and IRO, Chryssanthi Berbati.

Thank you for attending Piraeus Bank market update presentation. Today's market update is aimed to address the recent macroeconomic developments; the bank's latest business trends; as well as the introduction of the Hellenic Asset Protection Scheme, Hercules, and its impact to our strategy. In the

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