Piraeus Bank and The Royal Mint have agreed to expand their cooperation

Piraeus Bank and The Royal Mint have agreed to expand their cooperation into a strategic alliance for the distribution of the gold bullion Sovereign coins across Greece.

Piraeus Bank is the only commercial bank in Greece that offers its clients a comprehensive range of gold products and services, namely sales and purchases, appraisals, and storage facilities. Through this agreement, Piraeus Bank will further enhance the quality of its gold product offering and better serve customer needs. Piraeus Bank and The Royal Mint marked the commencement of their enriched co-operation, at an event held at the Residence of the British Ambassador in Athens, Mr. John Kittmer.

Her Majesty’s Ambassador to Greece, Mr. John Kittmer stated: “The Sovereign, in its modern form, will be 200 years old next year. For this event, the Royal Mint has produced a very special version of this much known and much loved coin. I know that the Sovereign has been important not only in the UK and the countries of the former British Empire, but also here in Greece, where it has often been bought as an investment in tough economic times, or given away as a keepsake at births, baptisms and weddings. Since 2005, Piraeus Bank has been the coin’s distributor in Greece. The Bank is celebrating its own centenary this year. This is a nice coincidence of anniversaries, and I wish the Bank and the Royal Mint every success with their partnership.”

George Poulopoulos, Piraeus Bank’s Deputy CEO, commented: “We are very pleased with the strengthening of the cooperation with The Royal Mint in Greece for this unique coin, the gold bullion Sovereign, recognized across the world through history. In this way, Piraeus Bank further broadens the range of client products by working with a global prestigious organization. The gold bullion Sovereign enjoys an emblematic status in Greece. Throughout the years, we Greeks have developed a special bond with the Sovereign coin. We are extremely honored that The Royal Mint, an over-millennial prominent 1,100 year old institution, has chosen Piraeus Bank as its trusted partner in Greece”.

Speaking about the new partnership, Chris Howard, Director of Bullion at The Royal Mint said: “Royal Mint Bullion is delighted to be partnering with Piraeus Bank across Greece in the distribution of our iconic coin, the bullion Sovereign.”