Piraeus Bank announces the completion of the Tender Offer to purchase existing securities for cash. The Tender Offer referred to subordinated and hybrid securities totaling €489 mn. Barclays Bank Plc and Morgan Stanley acted as Dealer Managers.
The Bank accepted offers in the total amount of €144 mn, of which €60 mn subordinated securities and €84 mn hybrid securities.
This Tender Offer strengthened the quality and the structure of the regulatory capital of Piraeus Bank, with the increase of its Core Tier 1 capital by €83 mn (pre tax).
The Settlement Date in respect of those Securities accepted for purchase will be 14 March 2012.
Dear customer,
On July 21st, 2022, the National Bank of Ukraine introduced changes on the transactions and operations carried out abroad (outside of the territory of Ukraine) on Hryvnia (UAH) cards and accounts. Those new limitations are only related to operations, carried out abroad from UAH cards and accounts, whilst foreign currency cards and accounts have not been impacted from those restrictions. In detail:
UAH12.500 equivalent in foreign currency per 7 days from the first time of withdrawal. The limit is not calculated cumulatively.
UAH80.000 equivalent per calendar month for transactions at POS terminals (physical presence of card or NFC technology on phone), purchases on the internet secured by full 3DSecure* and recurring payments**.
UAH20.000 equivalent per calendar month for the rest type of online transactions.