Piraeus Bank, under its new leadership team, announces its intention to take a decisive step forward “to be the most trusted bank in Greece, creating value for its shareholders, clients and employees” by launching its strategic plan for 2020, entitled “Agenda 2020”.
“Agenda 2020” aims to set distinct strategic priorities for the medium-term that will enhance stakeholders’ confidence in the prospects of Piraeus Bank, and supersede, as well as exceed, any previous commitments made.
“Agenda 2020” is based on the following key goals and objectives:
- reduce NPLs and NPEs to a normalised level;
- create a profitable and sustainable business model, with attractive returns for shareholders over the medium-term;
- maintain a strong capital base;
- re-establish wholesale market funding access.
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