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

Q1 2020 Piraeus Bank SA Earnings Call Transcript

Jun 01, 2020 / 03:00PM GMT
Release Date Price: €21.49
Operator

Ladies and gentlemen, thank you for standing by. I am Gailey, your Chorus Call operator. Welcome, and thank you for joining the Piraeus Bank conference call to present and discuss the first quarter 2020 financial results. (Operator Instructions) The conference is being recorded. (Operator Instructions)

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

Christos Ioannis Megalou
Piraeus Bank S.A. - MD, CEO & 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 Theo Gnardellis, Group CFO; and Chris Berbati, Head of Corporate Development and IR. Thank you for attending our first quarter 2020 results presentation.

This was a quarter of extraordinary developments. The COVID-19 crisis has proven to be an unprecedented emergency for societies around the world in both health and economic terms. Greece has avoided the worst of the pandemic so far

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