Society

Piraeus Bank aligns all its operations with the United Nations Sustainable Development Goals and the Principles for Responsible Banking.

Firmly committed to contribute to achieving entrepreneurial, labour and social cohesion through equal opportunities for all, Piraeus Bank created the EQUALL programme in March 2022. A programme that comprises multifaceted actions and addresses to women and social groups such as people with disabilities, vulnerable young people, children living in remote areas of Greece and refugees. EQUALL's actions aim at the elimination of discrimination and gender stereotypes and the equal access of all to entrepreneurship, employment and education.

With regard to international initiatives, Piraeus Bank is the first Greek bank to sign the Women’s Empowerment Principles of the UN Global Compact and UN Women, undertaking specific commitments to develop initiatives that will strengthen and promote Gender Equality. Furthermore, Piraeus Bank was, for the second consecutive year, one of the 484 companies worldwide included in 2023 Bloomberg Gender-Equality Index (GEI). The GEI Index records and assesses the performance of companies, committed to transparency in the implementation of their Gender Equality policies and actions.

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Respecting its institutional role and its Social Responsibility, Piraeus Bank is supporting the national landmark of the bicentennial of the ‘national rebirth’ of 1821, when the Greeks rose up against the Ottoman Empire to regain their independence, leading to the founding of the modern Greek state. In this context, Piraeus Bank has planned a programme of actions that includes scientific research, culture, arts and letters. Piraeus Bank’s Anniversary Actions, in partnership with distinguished organizations and scientists and great artists, are linked to Greece’s rebirth and course towards the future, bearing in mind the country’s history and taking its cultural heritage as a point of departure.

Donation of Medical Equipment and Support of the National Health System in the amount of €420,000 through the Pay & Save service for Responding to Covid-19

In the extremely difficult circumstances being experienced in our country and our society, Piraeus Bank believes it has a duty to participate in the national effort to respond to the crisis and protect citizens from the Covid-19 virus.

In this context, it supports the efforts of relevant organizations and the people of the National Health System, donating vital medical equipment (20 ventilators) requested by the Ministry of Health, with the aim of providing direct and effective support for the response to the pandemic.

Additionally, through the Pay & Save program it offers its customers, it bolstered the National Health System with the sum of €420,000. In the context of the actions it is carrying out in the battle against Covid-19, Piraeus Bank encourages its customers to participate in the collective response to the pandemic, providing the Ministry of Health with a sum equal to that deposited by late April through the Pay & Save programme.

From the very outset, Piraeus Bank has supported state organizations and the people of the National Health System, providing vital medical supplies and setting as a top priority the health and protection of its clients and employees, operating responsibly and in full compliance with the instructions of the state.

At the same time, the Bank is supporting its clients – individuals and businesses – who have been negatively impacted by the pandemic, providing active assistance to jump-start the economy.

In October 2018, seeing the problems young university graduates were facing, and with the aim of bridging the gap between tertiary education and the job market, in support of Greece’s economy and society, Piraeus Bank created the Project Future corporate responsibility program, in partnership with ReGeneration, the largest training and paid-employment programme for young university graduates in Greece. Young graduates up to 29 years of age, with no experience or up to three years’ experience, who have participated in extracurricular activities can now pursue the job they deserve, in Greece, by participating in the Project Future initiative.

Those who successfully complete the assessment stage of Project Future begin their training in key sectors of the market, including Digital Marketing, Data Science, Supply Chain Management, Java, .NET, Project Management, Business Intelligence, Front-end Development, Android Mobile Apps Development, Sales and Customer Experience, all of which have a strong presence in the current job market.

When their training is complete, participants’ CVs are posted on the ReGeneration platform, where they remain available for a year to over 600 collaborating companies, with the aim of participants’ being absorbed into jobs with a minimum six-month contract and minimum gross salary of €750. So far, Project Future has completed 4 cycles, training a total of 691 people, 363 of whom have already embarked on the first stage in their careers, and the hiring process is still ongoing.

statistics - Project Future 1^st & 2^nd cycle () (available only In Greek)

statistics - Project Future 3^rd & 4^th cycle () (available only In Greek)

Sensitive to the needs of the country’s small enterprises, especially under the current conditions, and wanting to support all small-business owners who are having daily difficulties keeping their business alive and healthy, Piraeus Bank decided to create the small-enterprises support programme 'Shop in the Neighbourhood'.

The programme is designed to promote small enterprises and calls on people to return to the neighbourhood and shop at local stores, creating a dynamic community of consumers and businesses, with the aim of supporting local communities and markets. Our goal, through support and constant strengthening of the community, is to create a consumer trend that will consistently strengthen local entrepreneurship and society.

In cooperation with the European Investment Fund, Piraeus Bank participates in the EaSI financing tool and provides microloans (up to €25.000) to self-employed individuals, farmers, unemployed people and vulnerable social groups, by giving them access to loans on favourable terms while receiving only personal guarantees as collateral. Furthermore, it provides tailored training programmes as well as mentoring & coaching services to borrowers who wish to make use of them.

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Piraeus Bank participates in the initiative aiming to finance new business investments, including investment plans of businesses actively supporting the employment of young people and the professional empowerment of women. More specifically, businesses supporting employment of young people (up to 29 years old) can obtain a further reduction of their lending rate.

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Capitalizing on the potential of technology, and in the context of its commitment to providing easy access to banking services for everyone, Piraeus Bank has created innovative autonomy and accessibility services at its e-branches for persons with vision, hearing and mobility problems, so that they can carry out their transactions with ease.

Through its cultural foundation, the Bank catalogues, displays and promotes the country’s tangible and intangible cultural heritage (network of museums, research programmes, publications, historical archives), helping to preserve its history and increasing access to quality cultural goods throughout Greece.

The Bank supports the preservation and promotion of culture through the Piraeus Bank Group Cultural Foundation and its 9 thematic technological museums, which are located at selected points throughout Greece, thus having a direct and indirect catalytic effect on local communities and contributing to employment and increased tourism activities.

Piraeus Bank’s goal is to operate responsibly towards individuals and society, supporting sustainable development.

With the aim of aligning its business goals with social progress and solidarity, as one of the Corporate Responsibility principles that govern its actions, the Bank supports the Hellenic Society for Protection and Rehabilitation of Persons with Disabilities (ELEPAP), in its work for children with disabilities who are striving for a better tomorrow.

The Bank also supports the activities of SOS Children’s Villages, which host children who have lost their parents or cannot remain in their family environment.