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UniCredit to raise stake in Greece’s Alpha Bank
Italian banking group UniCredit has entered into financial instruments with primary investment banks for the acquisition of an additional 9.7% stake in Greece-based Alpha Services and Holdings, which ...
The move deepens UniCredit’s partnership with one of Greece’s largest lenders at a time when its expansion efforts in Germany and Italy are facing roadblocks.
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 ...
Greece is pressing ahead with a plan to sell its stakes in the country’s banks, in a sign the financial industry is returning to normal after a decade-long debt crisis. The country’s Hellenic ...
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 ...
ATHENS, May 8 (Reuters) - Alpha Bank, Greece's third-largest lender by market value, on Monday posted a 24% rise in first-quarter net profit on higher interest income. Alpha Bank, which is 9% ...
ATHENS, March 15 (Reuters) - Alpha Bank ACBr.AT, Greece's third-largest lender by market value, reported a net profit last year after a loss in 2021 on lower loan impairment provisions.
The sale of 9.75% in Alpha Bank, the handling of GEK Terna and Hellaktor, the alliances with powerful business families and ...
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 ...
Italian banking group UniCredit has entered into financial instruments with primary investment banks for the acquisition of an additional 9.7% stake in Greece-based Alpha Services and Holdings ...