Especially for those depositors whose "Christmas mood" deposits are coming to end, Piraeus Bank offers the improved conditions for funds reallocating - deposit "Standard +". Having replaced funds within 5 working days after the termination of "Christmas mood" deposit, the depositor will receive a +0.5% annual interest rate to the deposit "Standard".

Funds can be placed for 3 or 6 months, with an interest rate up to 17% in hryvna depending on the term and amount of deposit. One can place the amount of funds on deposit "Standard +" not exceeding the amount of deposit "Christmas mood".

"Piraeus Bank appreciates the loyalty of its customers. Therefore, we offer depositors who placed money on deposit "Christmas mood" the improved conditions of funds reallocating (+0.5% per annum to deposit in hryvna) for 3 and 6 months. Investors can receive the accrued interest monthly or at maturity of the deposit. The interest rate remains unchanged for the duration of the contract ", - Alexander Gnilenko, Piraeus Bank in Ukraine deputy director of retail banking department.

Alexander Gnilenko, Piraeus Bank in Ukraine deputy director of retail banking department: "Piraeus Bank offers the depositors who placed money on deposit "Christmas mood" the improved conditions of funds reallocating (+0.5% per annum to deposit in hryvna) for 3 and 6 months"

For three years consistently Piraeus Bank maintains the highest level of deposits’ reliability (grade "5") rated by an independent rating agency "Credit-Rating" (last updated on 28.12. 2011), which characterizes the bank's ability to return deposits fully and in time. 

Note. Piraeus Bank is one of the major banking institutions of Southern and Eastern Europe with assets of EUR 55,6 bln and total equity of EUR 3,1 bln (as of 30.09.2011). 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 enterprises and corporate clients. Piraeus Bank is a member of Association of Ukrainian Banks, Forum of Leading International Financial institutions (FLIFI) participant of the Fund of Guaranteeing the Deposits of Individuals. The Bank is also included in the list of banks authorized by the Pension Fund of Ukraine to make payments of pensions and financial assistance.

Piraeus Bank has the highest rating of deposits reliability provided by “Credit-Rating” Agency (grade “5”; last update took place on 07.12.2011), that shows the bank's capacity to make payments on existing deposits timely and in full. The Bank has «uaA» long-term credit rating with the forecast "stable" provided by “Credit-Rating” (updated on 22.12.2011). This long-term rating belongs to the group of investment ratings that is one of the highest ratings given to banks operating on the Ukrainian market.

On December, 5 Piraeus Bank in Ukraine became one of the most dynamic banks of 2011 (among the III group of banking institutions according to the volume of assets) and one of the three best banking employers according to the UKRAINIAN BANKER AWARDS 2011 presented by the powerful business magazine "InvestGazeta".

Piraeus Bank in Ukraine Press Service
Andriy Sakhno
cell.: +38(067)214-4081
e-mail: asakhno@piraeusbank.ua