Greece's Alpha Bank reported higher net earnings for the first half of the year on Friday, backed by strong fee income and ...

Alpha Bank A.E. and its wholly owned subsidiary Alpha Finance Investment Services S.A. on Monday announced the signing of a definitive share purchase agreement with the shareholders of AXIA Ventures ...

Alpha Bank , Greece's fourth-largest lender by market value, reported higher net earnings in the January-September period compared to the same period in 2023, on lower provisions and strong ...

Greece’s four systemic banks have posted strong profitability in the second quarter, with projections indicating that total earnings could reach €4.7 billion by the end of 2025.According to Greek news ...

ATHENS, Greece (AP) — Greece's Alpha Bank says it has made an offer to French lender Credit Agricole to buy its Greek subsidiary, Emporiki Bank. A statement from Alpha Bank Tuesday said it had ...

Alpha Bank will receive €300 million in cash as part of the transaction for its business in Romania, which will be combined with UniCredit’s to create the third-largest lender by assets in ...

Alpha Bank, which is 9% owned by Greece's HFSF bank rescue fund, reported net earnings of 302.6 million euros ($332.10 million) versus a net profit of 238.6 million euros in the first half of 2022.

UniCredit will pay €300mn in cash for Alpha Bank’s Romanian operations, and merge them with its local units. Alpha Bank will keep 9.9% of the new Romanian entity; UniCredit will have the remainder.

Late last week, Greece secured a landmark credit upgrade back to investment grade. And on Monday, Italy's UniCredit said it plans to take a stake in one of Greece's largest lenders, Alpha Bank.

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 ...