History
A group of shipowners in Pireus founded Banque du Pirée (Piraeus Bank; BP) in 1916 to finance trade. The Greek government bought the bank in 1975 and transformed it into a universal bank. The new headquarters designed by Sir Basil Spence were built at the Stadiou Street in Athens. In December 1991 the government privatised the bank, which has grown in size and scope since then.
Read more about this topic: Piraeus Bank
Famous quotes containing the word history:
“It takes a great deal of history to produce a little literature.”
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“The history of reform is always identical; it is the comparison of the idea with the fact. Our modes of living are not agreeable to our imagination. We suspect they are unworthy. We arraign our daily employments.”
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“There is a constant in the average American imagination and taste, for which the past must be preserved and celebrated in full-scale authentic copy; a philosophy of immortality as duplication. It dominates the relation with the self, with the past, not infrequently with the present, always with History and, even, with the European tradition.”
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