Piraeus Bank Cyprus

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Key details

Parent: assets

Overview

Piraeus Bank Cyprus is Cypriot commercial banking subsidiary of Piraeus Bank Greek parent ATHEX: TPEIR + Greek commercial bank + one of Cyprus's mid-sized commercial banks by assets ^{1, Cyprus report}.

History

2008 — Piraeus Bank Cyprus Ltd founded in Nicosia Cyprus as Cypriot commercial banking subsidiary of Piraeus Bank Greek parent ATHEX: TPEIR distinctive Cypriot-Greek banking heritage.

2014 — Piraeus Bank Cyprus mobile banking app launch.

Ownership & operator

Operating entity: Piraeus Bank (Cyprus) Ltd (Cypriot commercial banking subsidiary of Piraeus Bank Greek parent).

Major shareholders: Piraeus Bank Greek parent (ATHEX: TPEIR) ~100%+ controlling.

Regulators: Central Bank of Cyprus CBC + ECB.

Technical integration

Piraeus Bank Cyprus mobile app (iOS + Android) + piraeusbank.com.cy online + Piraeus Bank Cyprus branch network across Cyprus + Piraeus Visa + Mastercard cards; SEPA + SEPA Instant + EPC-QR + Wero (post-EPI launch).

Implementations & partners

Parent group: Piraeus Bank (Piraeus app + winbank) (Piraeus Bank; ATHEX: TPEIR; Greek commercial bank; one of Greece's four largest commercial banks).

Major Cypriot banking + payments competitors: Bank of Cyprus (BoC) (Bank of Cyprus Holdings plc; LON: BOCH ATHEX: BOCH CSE: BOCH; one of Cyprus's two largest commercial banks by assets) + Hellenic Bank (Cyprus) (Hellenic Bank; CSE: HB; Cypriot commercial bank; Eurobank Greek parent ~55%+ controlling) + Alpha Bank Cyprus (Alpha Bank Cyprus; Cypriot commercial banking subsidiary of Alpha Bank Greek parent ATHEX: ALPHA).

Regulators: Central Bank of Cyprus CBC + ECB.

Status

Active, Cypriot commercial banking subsidiary of Piraeus Bank Greek parent ATHEX:TPEIR + Greek commercial bank + one of Cyprus's mid-sized commercial banks by assets ^{1, 2}.

Sources

1 Piraeus CY — official
2 Piraeus — Wikipedia
^{Cyprus report} In-corpus: reports/countries/CY-cyprus.md

Source

Biography extracted from piraeus-bank-cy.md. See matrix.md for standards-support matrix if present.