Piraeus hopes to sell 250 kg of gold this year - financiare.ro
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News » January, 2011 » 12 January 2011

Piraeus hopes to sell 250 kg of gold this year
12.01.2011, 00:04 | Finance-Banks | 897 views



Greece's Piraeus Bank, the only domestic bank now selling gold to retail clients, plans to deliver 250 kilograms of gold to clients this year, over 60% more than in 2010.
Last year, the first full year when it provided the service, the bank sold 150 kilograms of gold in form of bullion and another 3,000 British gold coins, with a cumulated mass of around 24 kg. Overall, the value of gold climbed to 5.8m euros. For 2011, the Greeks plan to sell 4,000 gold coins.

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