Commenting on Deutsche Bank's report for Greek and Cypriot banks, which was released today, Piraeus Bank said that it was disturbed by the arbitrary assumptions and serious errors in the report, which lead to false conclusions and do not foster the reliable and well-documented provision of information to the investment community.
Piraeus Bank, in order to protect its shareholders and potential investors, reserves the right to pursue legal action before the competent courts, and also to request a review of recent derivative transactions on its stock.