Piraeus Bank
Piraeus Bank is the largest Greek bank and the main company of the Piraeus Bank Group. Founded in 1916 at the port of Piraeus, headquartered in Athens. In 2024, it holds the #1 position on the Greek banking market with 22.88% market share, 370 branches, 8,100 employees, and €91 billion in total assets. Named 'Best Bank in Greece' at The Banker's Bank of the Year Awards 2025.
About Piraeus Bank
Piraeus Bank is the largest Greek bank and the main company of the Piraeus Bank Group. Founded in 1916 at the port of Piraeus by a group of shipowners to finance trade, today the bank is headquartered in Athens with the largest branch network in Greece. In 2024, Piraeus Bank holds the #1 position on the Greek banking market with a 22.88% market share, €37 billion in client loans and €66 billion in client deposits (28% market share). The bank serves 4.5 million clients through 370 branches and 3.2 million digital users, with 8,100 employees. Net income in 2024 reached €1.052 billion, and total assets stand at €91 billion. Piraeus was named "Best Bank in Greece" at The Banker's Bank of the Year Awards 2025.
IT Partnership with soft Xpansion
Our team was challenged by Piraeus Bank to automate two directions of the bank's operations simultaneously — record-keeping with business processes and collegial body operations with voting capability. The implementation of IT solutions for banks on the Low-Code/No-Code platform softXspace provided broad integration capabilities and transformed the bank's routine work into a modern digital environment in a short time and with minimal costs.
What Was Implemented
- Document management system — automation of incoming, outgoing, internal documents, orders, and minutes of the bank
- Procurement management system — custom procurement workflow with automation of household contracts (preparation, request approval, review, and authorization)
- Collegial body portal — automation of 12 collegial bodies, the management board and bank committees with electronic voting subsystem
- Unified corporate standard of information presentation for governance body members
- Legally binding document workflow with qualified electronic signature (QES) support
Results
- Two key bank operations automated simultaneously
- 12 collegial bodies transitioned to digital format with electronic voting
- Paper routine work transformed into a modern digital environment
- Project delivered in a short time with minimal costs
- Broad integration capabilities of softXspace unified products into a single solution
Contact us to learn how soft Xpansion can automate your bank's operations.
Cases
Electronic document management system — Piraeus Bank
December, 2022
A system that automates outgoing, incoming, internal documents, as well as orders and protocols. Within the framework of the project, an individual procurement process has been implemented, which automates the work with business contracts of the bank – preparation, approval of the application, consideration and approval of the application by the Tender Committee, preparation of the contract, invoices for payment, control of implementation
Collegial body portal — Piraeus Bank
December, 2022
An electronic system that automated the work of 12 collegial bodies of the bank, the board, committees, which also contains a voting system for board members
-
piraeusbank.ua
-
Ukraine
