“In less than a year, the bank’s first Business Center, opened in Bucharest, led to a 25% increase in the number of SME customers,” said Areti Riga, SME Business Development Manager.
The two business centers target to expand Piraeus Bank Romania’s portfolio of SME loans, speed up lending activity on this segment and improve service quality, the bank said in a statement.
Piraeus Bank Romania, a unit of Greece’s second-largest lender Piraeus Bank, reported a 16% increase in its assets to over EUR2 billion in 2013 and its pretax profit rose to EUR3.3 million. Piraeus Bank Romania didn’t provide data on the 2012 financial indicators.
Piraeus Bank Romania operates 140 branches serving around 300,000 customers.