Piraeus Bank raises 2024 profit guidance on higher interest margins

Piraeus Bank SA

05/06/2024 17:39

ATHENS, June 5 (Reuters) - Piraeus Bank, Greece's
third-largest lender by market value, on Wednesday raised its
2024 profit guidance on the back of higher interest margins.
    The bank, which was fully privatised earlier this year, said
it expected net profit of about 1 billion euros ($1.09 billion)
this year versus its previous guidance for net profit of about
900 million euros.    
    

 (Reporting by Lefteris Papadimas)
 ((lefteris.papadimas@thomsonreuters.com; +30 210 3376477;
Reuters Messaging: lefteris.papadimas.reuters.com@reuters.net))