Piraeus Bank sees stable growth by 2028 after strong 2024 profit (updated)

Piraeus Bank SA

24/02/2025 08:40

(Adds 2024 guidance)
       Feb 24 (Reuters) - Piraeus Bank, Greece's third-largest
lender by market value, on Monday reported a double-digit rise
in 2024 profit on higher net interest income and increased
lending.
    Net earnings came in at 1.1 billion euros ($1.15 billion),
up from 788 million euros in 2023. 
    Piraeus said profit remained stable at about the same level
each year by 2028.

($1 = 0.9532 euros)

 (Reporting by Antonis Pothitos and Angeliki Koutantou, Editing
by Louise Heavens)
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