Piraeus Psara, but it was not until 1829 that permanent habitation of the area was restarted. Piraeus at first developed into a small town with few dwellings, far from its glorious past as a prosperous city, with its population consisting largely of fishermen. With the creation of the modern Greek state and the proclamation of Athens as its capital in 1832, the port, still named Πόρτο Λεόνε 'Porto Leone' or Πόρτο Δράκο 'Porto Draco', again acquired a reason for growth, and began to develop into a commercial and industrial centre. Migrants, mainly from the Aegean Islands, continued to arrive. A town
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.