Piraeus Bank: Agreement with the Hellenic Confederation of Commerce and Entrepreneurship for strengthening the liquidity of member businesses
Piraeus Bank has reached an agreement with the Hellenic Confederation of Commerce and Entrepreneurship to enhance liquidity support for commercial enterprises across Greece.
Piraeus Bank has announced a significant collaboration with the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) aimed at bolstering liquidity for commercial businesses throughout Greece. The agreement is designed to provide essential support to the Greek retail sector in the midst of economic challenges, ensuring that businesses can meet their operational and development requirements in local markets.
As part of this initiative, Piraeus Bank is offering a range of targeted banking and insurance solutions specifically tailored for ESEE member businesses. These include competitive financing options linked to POS systems with preferential rates for companies earning up to €2.5 million in revenue. Additionally, the bank has partnered with the insurance firm ERGO to offer discounted insurance programs that comply with the new legislative requirement for coverage against natural disasters, thereby enhancing the financial security of member businesses.
The measures included in this agreement reflect a proactive approach to stimulate the local economy by addressing the liquidity needs of commercial enterprises. By collaborating closely with ESEE, Piraeus Bank is positioning itself as a vital partner for businesses seeking growth and stability, thereby contributing to the overall health of the Greek marketplace.