Piraeus Bank Has Entered Into a Strategic Collaboration With ORIX Corporation
PIRAEUS FNL HLD S/ADR (BPIRY)
NASDAQ:AMEX Investor Relations:
bloomberg.com/quote/bpiry:us
Company Research
Source: Business Wire
ATHENS, Greece--(BUSINESS WIRE)--Following Piraeus Bank’s corporate announcement on 12 July 2019 that it was exploring a potential partnership with a major Asian Pacific financial conglomerate, Piraeus Bank has now entered into an exclusive, strategic collaboration agreement with ORIX Corporation, a Japan and US-listed company, for the provision of financing solutions to the Greek maritime sector.ORIX is a financial services group which provides innovative products and services to its customers by constantly pursuing new businesses with nearly USD 100bn in operating assets across 37 countries and regions, and has a long successful history in the global maritime sector over nearly 50 years.The partnership combines Piraeus Bank’s long-term relationships and knowledge of the Greek maritime sector with ORIX’s significant balance sheet capacity, to provide clients with a wider selection of financing instruments and additional financing where necessary.The collaboration agreement is exp
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