The European Fund for South-Eastern Europe (EFSE) provides a loan to the Piraeus Bank in hryvnia equivalent in the amount of 12 million euros. This investment will help Piraeus Bank to expand lending to small and medium-sized agricultural enterprises across the country, help rebuild business and the economy in Ukraine in the face of the instability of the economic environment caused by the coronavirus.
Piraeus Bank, a recent partner of ESFE, is a subsidiary of Greece's largest financial group, Piraeus Financial Holdings S.A. In Ukraine, Piraeus Bank focuses on serving the largest SMEs operating in agriculture, manufacturing, trade and manufacturing.
According to the Chairman of the Board of Piraeus Bank in Ukraine Yannis Kyriakopoulos: “Servicing and financing the needs of small and medium-sized businesses is our main strategy. We are proud of the trust that the European Fund for South-Eastern Europe has placed in Piraeus Bank, as well as the quality it has brought to our funding mechanism. We are fully in line with EFSE's mission to promote economic development and prosperity in South-Eastern Europe and the Eastern Neighborhood. "
Klaus Müller, Chairman of the Board of the European Fund for South-Eastern Europe, said: “We are particularly pleased to be partnering with Piraeus Bank to strengthen the financial infrastructure that provides entrepreneurs with a solid foundation in turbulent times. This reinforces EFSE's commitment to promoting national currency lending in Ukraine and, in particular, lending to agricultural enterprises as part of EFSE's mission to promote economic development and prosperity in the regions in which it operates. "
Dear customers, starting today, August 16, 2022, all cardholders of Visa cards from Piraeus Bank have the opportunity to use the Apple Pay service...
Dear customers - cardholders of Piraeus Bank cards issued to accounts in UAH, please consider the following information:...
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.