2 0 . ▁ ▁In ▁ 2 0 1 1 , ▁according ▁to ▁reports ▁in ▁July ▁ 2 0 1 2 , ▁the ▁bank ▁obsc ured ▁its ▁real ▁access ▁to ▁capital ▁by ▁providing ▁circular ▁lo ans ▁to ▁fin ance ▁purchase ▁of ▁its ▁own ▁stock ▁through ▁und ec la red ▁off sh ore ▁companies . ▁ ▁In ▁ 2 0 1 2 , ▁P ira eus ▁Bank ▁took ▁part ▁in ▁the ▁rest ruct uring ▁of ▁the ▁Greek ▁banks , ▁gain ing ▁a ▁leading ▁position ▁in ▁the ▁Greek ▁bank ing ▁sector . ▁In ▁June ▁ 2 0 1 2 ▁P ira eus ▁Bank ▁sold ▁its ▁shares ▁in ▁Mar athon ▁Bank ing ▁Corporation ▁( New ▁York ▁City ) ▁to ▁In vest ors ▁Ban cor p . ▁The ▁capital ▁was ▁used ▁to ▁fin ance ▁the ▁take ▁over ▁of ▁the ▁Greek ▁banks ▁Gen iki ▁Bank ▁and ▁health y ▁parts ▁of ▁A TE bank . ▁In ▁ 2 0 1 2 ▁it ▁acquired ▁the ▁so - called ▁' good ' ▁part ▁of ▁Agricult ural ▁Bank . ▁In ▁December ▁ 2 0 1 2 ▁it ▁acquired ▁Soci ete ▁Gener ale ' s ▁Gen iki ▁Bank . ▁ ▁In ▁ 2 0 1 3 , ▁P ira eus ▁Bank ▁was ▁considered ▁as ▁having ▁sufficient ▁capital ▁and ▁was ▁included ▁in ▁the ▁group ▁of ▁ 4 ▁system ic ▁banks ▁which ▁would ▁be ▁coordin ated ▁by ▁the ▁H ellen ic ▁Fin an cial ▁St ability ▁Fund ▁to ▁abs orb ▁under cap ital ised ▁banks . ▁It ▁would ▁reach ▁an ▁international ▁presence ▁consisting ▁of ▁