OREANDA-NEWS. November 11, 2011. Chairman of Supervisory Board of JSC “Piraeus Bank ICB”: “We are not negotiating the sale of the bank”.

On 9th and 10th of November several media published unauthentic information about alleged preparations for sales of Piraeus Bank in Ukraine.

Due to this fact Piraeus Bank ICB officially states that it does not conduct any negotiations about sales of the bank and no mandate for such negotiations was given to any third party. “This information is false. Neither Piraeus Bank ICB, nor Piraeus Bank Group is conducting any negotiations on the sale of the bank. Although we reserve our legal rights against anybody who would cause harm to our bank, to our main shareholder, which shares are listed in a European stock exchange, we still can not understand what could be the motivation for producing such rumors”, Yannis Kyriakopoulos, Piraeus Bank Group Country Manager for Ukraine, Piraeus Bank ICB Chairman of Supervisory Board, said.