Piraeus Bank Considers Asia Pacific Partner for Shipping Financing

FinanceIllustration; Source: Pixabay under CC0 Creative Commons license

Greek financial services company Piraeus Bank is exploring a potential partnership with an Asian Pacific financial conglomerate to provide financing solutions to Greek shipping companies.

The bank said that the pioneering initiative forms part of its continued commitment to the shipping community, through investment of international capital into existing opportunities and new financing to the shipping industry.

“The initiative aims at positioning Piraeus Bank at the forefront of servicing the needs of Greek shipping clients,” the bank added.

Piraeus Bank has not set a timeline for this process and there can be no assurance that a transaction will be entered into or consummated or, if a transaction is undertaken, as to its terms, structure and timing.

Share this article

Follow World Maritime News

In Depth>


<< Nov 2019 >>
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

Salvage & Wreck

Salvage and Wreck Removal Conference will focus on Casualty management case studies, Dealing with hazardous cargo and container ship fires…

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

CrewConnect Global 2019

CrewConnect Global is the leading forum for collaboration to advance new industry approaches to seafarer recruitment and training.

read more >

CruiseConnect Global 2019

Attend CrewConnect Global and stay on for the CruiseConnect Summit to take part in an industry-wide conversation focused…

read more >