ECONOMY

Piraeus Bank responds to securities watchdog

Piraeus Bank responds to securities watchdog

Piraeus Bank, one of Greece’s four largest lenders, said on Friday its operations in Ukraine comprise a financial institution, JSC Piraeus Bank ICB, and investments in real estate assets.

Together they represent 0.2% of Piraeus Bank’s total assets, it said, responding to a query from the securities watchdog in view of events in Ukraine. [Reuters]