Piraeus Bank Reports Robust 2025 Profitability and Strategic Growth

by THEFUTURE.TEAM

February 26, 2026

Piraeus Bank reported profitability of €1.1 billion in 2025, with return on tangible equity reaching 16%, excluding extraordinary items. The results reflect continued earnings growth and stronger operating performance as the bank expands lending activity and diversifies revenue sources.

Impressive Profitability In 2025

The bank posted a net profit of €250 million in the fourth quarter of 2025. Net interest income reached €477 million during the quarter, up 1% sequentially, supported by higher loan volumes and stable asset performance. Net interest margin remained at 2.25%, reflecting disciplined balance sheet management amid a changing interest-rate environment.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Solid Fourth Quarter Performance

Fourth-quarter results showed improving momentum, supporting the bank’s annual net interest income target of €1.9 billion. Lending activity contributed to stronger fee generation, with net fee income rising to €206 million, up 23% year over year. Growth was supported by asset management fees, investment banking activity, and bancassurance services.

Diversification Of Income Streams

Fee-based income continued to play a larger role in overall profitability. Net fee income accounted for 29% of total net revenues, reaching €696 million for the year and exceeding the bank’s target of €650 million. The inclusion of Ethniki Asfalistiki in consolidated results also expanded the bank’s service portfolio and supported revenue diversification.

Strategic Moves And Sustainable Growth

CEO Christos Megalou said in an interview that 2025 was shaped by strong execution and strategic expansion. The bank recorded an 11% increase in its loan portfolio, with net credit expansion reaching €4 billion, above annual targets.

With improved asset quality and a growing share of fee-based income, management says the bank is positioned to maintain stable performance as market conditions evolve.

Looking ahead, Piraeus Bank plans to present updated targets at its Capital Markets Day in London on March 5, 2026. The bank currently holds €66 billion in deposits and €14.5 billion in investment funds under management, highlighting its scale within the Greek banking sector.

The Future Forbes Realty Global Properties

Cyprus Industrial Production Advances Amid Diversified Sector Growth In 2025

by THEFUTURE.TEAM

February 26, 2026

Cyprus’ Industrial Production Index rose to 113.0 points in December 2025, marking a 3.5% increase compared with the same month a year earlier, according to data from the Cyprus Statistical Service. The figures suggest continued industrial momentum as the country’s production base expands across several manufacturing segments.

Overview Of Economic Momentum

Based on the 2021 reference value of 100 points, industrial output maintained an upward trend throughout 2025. For the full year, production increased by 3.6%, reflecting steady growth supported by manufacturing activity and ongoing industrial investment.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Sector Analysis: Winners And Losers

Manufacturing remained the main driver of growth, expanding by 4.6% in December. Water supply and materials recovery also contributed, rising by 3.2%.

Other sectors showed weaker performance. Electricity supply declined by 2.4% compared with December 2024, while mining and quarrying fell by 1.7%, highlighting uneven performance across the industrial landscape.

In-Depth Manufacturing Performance

Within manufacturing, furniture production and related activities, including machinery repair and installation, recorded one of the strongest gains, rising 13.8% year over year.

Wood and cork products, excluding furniture, increased by 11.9%, while machinery, motor vehicles, and transport equipment production rose by 8.1%.

Annual Trends And Segment Challenges

For the full year, the manufacture of other non-metallic mineral products posted the strongest growth, rising 10.9% compared with 2024. Wood and cork products grew by 9.1%, while basic metals and fabricated metal products increased by 8%.

Furniture-related activities expanded by 7.2%. At the same time, paper products and printing declined by 9.5%, while textiles, apparel, and leather products fell by 3.8%. Electricity supply recorded a full-year decline of 2%, underscoring differences in sector performance.

Outlook

The latest data points to continued growth in Cyprus’ industrial sector, led primarily by manufacturing. At the same time, weaker performance in energy and selected manufacturing segments highlights areas where productivity and investment strategies may shape future industrial performance.

Breaking news