Piraeus top container port in the Eastern Mediterranean. The city hosted events in both the 1896 and 2004 Summer Olympics held in Athens. The University of Piraeus is one of the largest universities in Greece. Piraeus, which roughly means 'the place over the passage', has been inhabited since the 26th century BC. In prehistoric times, Piraeus was a rocky island consisting of the steep hill of Munichia, modern-day Kastella, and was connected to the mainland by a low-lying stretch of land that was flooded with sea water most of the year, and used as a salt field whenever it dried up.
Piraeus Bank c.30k). As of March 2018, the Hellenic Financial Stability Fund holds 26% of outstanding common shares, while the remaining 74% is held by the private sector (legal entities and individuals). Piraeus Bank is a universal bank providing various banking services. Historically a bank supportive of SMEs it now also possesses particular know-how in the areas of agricultural banking, consumer and mortgage credit, green banking, capital markets, investment banking, leasing and electronic banking. Piraeus Bank and its subsidiaries form the Piraeus Bank Group. A group of shipowners in Piraeus founded "Banque du Pirée" (Piraeus Bank; BP) in 1916 to finance trade.