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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.
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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 ...
ATHENS—Greece's Alpha Bank AE, the country's fourth-largest lender by assets, said Thursday that it was inching its way toward recovery amid signs that the flow of bad loans on its balance sheet ...
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), opens new tab, Greece's fourth-largest lender by market value, reported higher net earnings in the January-September period compared to the same ...
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, 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 ...
The sale of 9.75% in Alpha Bank, the handling of GEK Terna and Hellaktor, the alliances with powerful business families and ...
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.
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 ...
"UniCredit to raise stake in Greece’s Alpha Bank" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in ...