07/29/2021 | Press release | Distributed by Public on 07/29/2021 03:22
Piraeus Bank has received accreditation from the Motor (Transport) Insurance Bureau of Ukraine (MTIBU), which unites more than 50 insurers participating in the motor third party liability insurance market.
Therefore, Piraeus Bank is included to the list of banks recommended for member of the Bureau by MTIBU for placement of its centralized insurance reserve funds.
According to Member of the Management Board of Piraeus Bank in Ukraine Christos Bougiouklis, this accreditation further demonstrates the reliability and trust of Piraeus Bank for the insurance market, and insurance companies can profitably place free funds on special deposit terms.
Piraeus Bank received confirmation of a long-term credit rating on a national scale at the level of uaAA
The decision of the rating committee of the Rating Agency 'Standard-Rating' updated the long-term credit rating of Piraeus Bank on a national scale at the level of uaAA.