Displaying items by tag: alpha bank

Alpha Bank and UniCredit entered into a multi-layered surprise deal, marking the first major investment by a foreign bank in Greece in many years. The agreement is based on two parts, the merger of their subsidiaries in Romania and the achievement of strategic cooperation in Greece, focusing on the acquisition of the 9% held by the HFSF in Alpha Bank from the Italian bank.

Alpha Bank on Tuesday unveiled one the biggest securitization plans of non-performing exposures (NPEs) in the European market as part of a strategic plan towards a faster restructuring of its balance sheet.

The Region of the Southern Aegean is suspending any cooperation agreements it has with Alpha Bank, it said in an announcement on Thursday.