Hellenic Asset Management’s strength as an independent wealth manager was evident throughout the review period, supported by ...
ATHENS, Aug 2 (Reuters) - Alpha Bank ACBr.AT, Greece's third-largest lender by market value, reported a drop in second-quarter net earnings on higher loan-loss provisions and softer fee and commission ...
ATHENS, Nov 8 (Reuters) - Alpha Bank (ACBr.AT), opens new tab, Greece's fourth-largest lender by market value, reported higher net earnings in the January-September period compared to the same period ...
International banks signalled strong confidence in the Greek banking sector’s outlook for 2026, highlighting resilient credit expansion, solid asset quality and growing investor demand. This follows ...
During the crisis, Greek banks suffered heavy losses from government bond holdings, a surge in bad loans, and a sharp drop in ...
ATHENS, Nov 8 (Reuters) - Alpha Bank ACBr.AT, Greece's third-largest lender by market value, reported lower net earnings in July-to-September compared with the second quarter on weaker fees and ...
UniCredit said it would double its stake in Alpha Bank to around 20%, deepening its partnership with one of Greece's top lenders at a time when its expansion efforts elsewhere are facing roadblocks.
On the face of it, UniCredit’s purchase of Alpha Bank’s Romania business is primarily about Romania. Romania, indeed, is the most obvious country where UniCredit should be expanding via M&A. It is a ...
At the end of October, Italy’s UniCredit announced a two-part deal with Greek bank Alpha under which it will merge the two lenders’ asset in Romania and buy a 9% stake in Alpha Bank from the Greek ...
ATHENS (Reuters) -Alpha Bank, one of Greece’s four largest banks, has agreed to sell its Albanian unit to Hungary’s OTP Bank, it said on Monday. OTP Bank will pay 55 million euros ($62.05 million) to ...
ATHENS, Sept 15 (Reuters) - Alpha Bank, Greece's fourth biggest lender, opened a voluntary redundancy offer on Monday with a view to cutting 15 percent of its workforce to cut costs under a ...
UniCredit SpA offered to buy the Greek state’s holding in Alpha Bank and agreed to acquire Alpha’s Romanian unit, in the first strategic deal struck under Chief Executive Officer Andrea Orcel. Alpha ...