CASE STUDY: Piraeus Bank Piraeus Bank SA is a Greek multinational financial services company headquartered in Athens, Greece. The Bank has approximately 19,000 employees with operations in 8 countries. Piraeus Bank is Greece’s biggest financial services lender, with €86 billion in total assets in service of more than 6 million customers. CHALLENGE Over the past decade, the Greek national debt crisis has caused tremendous turbulence for the country’s financial services institutions. During that period Piraeus Bank has made a series of strategic acquisitions and mergers aiming to establish a strong presence in the domestic market, enhancing a track record of more than 20 M&As in last 20 years and assuming a leadership role in Greece’s economic recovery. Full or partial acquisitions b

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