Piraeus Bank’s dividend policy will not be affected by the deal with CVC for Ethniki Insurance said the bank’s management and CEO Christos Megalou during the conference call for the bank’s 2024 results presentation. Megalou explicitly clarified that he would not give any further details on the discussions regarding the potential deal with CVC for Ethniki Insurance.

According to the bank’s management’s business plan data, he noted that he expects credit expansion to increase by 12 billion euros by 2028 with a “wake-up” of retail.

This year retail balanced out for the first year, while next year credit expansion is expected to rise, the bank’s management noted.