As we have already informed you, the acquisition of the majority stake of the capital of Piraeus Bank Bulgaria AD (Piraeus Bank) by Eurobank Bulgaria AD (Postbank) was finalized on 13 June 2019. The two institutions are moving forward together towards their legal and operational merger.
18 November 2019 is set to be the date of the operational merger of Piraeus Bank and Postbank.
Changes in the provisions of the existing contracts, General Terms and Conditions, Tariffs and Interest Rate Bulletins, concerning Piraeus Bank’s clients, will be enforced as of the Date of the operational merger, while some of the changes, explicitly provided for, will be valid as of the Date of the legal merger of Piraeus Bank and Postbank, as we will further inform you about them as soon as possible.
The information about the upcoming changes was first published on 15 August 2019 and is current as of 30 October 2019.