HFSF remains focused on its two-pronged institutional role: the defense of the public interest by contributing to the stability of the Greek financial system, as well as the facilitation of the transition of systemic banks to private sector.
HFSF as a key shareholder of Piraeus Bank is aware of the Bank’s transformation plan regarding the steady improvement of its organic result and has full confidence in the Bank’s Management.
A robust and healthy banking sector is a key driver of real economic growth and a key tool in trying to overcome the long term effects of the financial crisis, which is exacerbated by the pandemic.
On this basis, the Fund actively cooperates with all systemic banks in discussing and supporting their plans to improve their efficiency and profitability.