Piraeus in the lavish northern suburbs of Athens, many shipowners have opted once again to move their bases away from Piraeus to Northern Athens. Piraeus, nevertheless, is still a major centre for Greek and international shipping, and bi-annually acts as the focus for a major shipping convention, known as Posidonia, which attracts maritime industry professionals from all over the world. Piraeus today is one of the largest ports in Europe, and the annual number of 19 million passengers makes it the third largest worldwide in terms of passenger transportation. Piraeus is currently Greece's third-busiest port in terms of tons of goods
Piraeus Bank (today Piraeus Bank Beograd with 42 branches), and the Egyptian Commercial Bank (today Piraeus Bank Egypt with 43). In 2007 PB purchased the Cyprus arm of Arab Bank and renamed it Piraeus Bank (Cyprus). On 13 September 2007 Piraeus Bank completed its acquisition of 99.6% of the share capital of "International Commercial Bank" in Ukraine, today named Piraeus ICB. In June 2012 PB signed an agreement with Investors Bancorp Inc, to transfer PB's shareholding in Marathon Banking Corporation in New York City, to Investors Bancorp. PB used the money it received for Marathon to finance the take over of the