Piraeus Initiates Partnership With Qualco for the Development of a Digital Solutions Platform for Mortgage Loans

  • ATHENS, Greece--(BUSINESS WIRE)--Piraeus Financial Holdings (ATHEX: TPEIR) (OTCQX:BPIRY) (OTCQX: BPIRF) announces that its subsidiary, Piraeus Bank S.A. (hereinafter the “Bank”) has entered into a Shareholders' Agreement (“SHA”) with the technological provider, Qualco S.A. (“Qualco”) to establish an operational digitalization solutions platform initially focused on mortgage loans (the “Platform”). The Platform will be developed and operated through a newly formed company, controlled by the Bank.