Piraeus under Lysander blockaded Piraeus and subsequently Athens surrendered to the Spartans, putting an end to the Delian League and the war itself. Piraeus would follow the fate of Athens and was to bear the brunt of the Spartans' rage, as the city's walls and the Long Walls were torn down; the Athenian fleet surrendered to the victors and some of the triremes burnt, while the "neosoikoi" were also pulled down. As a result, the tattered and unfortified port city was not able to compete with prosperous Rhodes, which controlled commerce. In 403 BC, Munichia was seized by Thrasybulus and the
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.