Piraeus Holding's board approves payment of 373 million euro dividend

Piraeus Bank SA

18/03/2025 09:26

ATHENS, March 18 (Reuters) - Piraeus Holdings, one of Greece's four largest banks, said on Tuesday that its board of directors had approved a dividend payment of 373 million euros or 0.298 euros per share.

Greek banks are returning to profit after being nationalised following a financial meltdown in late 2009 due to the country's debt crisis. They will resume dividend payments this year for the first time in 16 years.

"(The bank) invites the company's shareholders to approve the payment in its annual general meeting on April 14," Piraeus said in a press release.

 (Reporting by Lefteris Papadimas; Editing by Kirsten Donovan)

 ((lefteris.papadimas@thomsonreuters.com; +30 6944 248134; Reuters Messaging: lefteris.papadimas.reuters.com@reuters.net))