The partnership between the two lenders aims to expand cooperation across payments, specialized financing, advisory services, capital markets, asset management, and insurance products.
Citigroup forecasts net profit for the third quarter at €221 million (excluding charitable donations for school reconstruction) and reported net profit at €193 million.
Interest rates on term deposits in Greece fell sharply in June, easing bank costs but reducing returns for households and businesses
The latest changes, effective 11 August, abolish fees for cash withdrawals from any Greek bank ATM and cap charges at €1.50 for third-party ATMs
Deutsche Bank has raised its target price for Alpha Bank to €3.35 from €3, maintaining a “buy” recommendation. The German multinational investment bank stresses the Greek systemic bank’s robust performance in Q1 2025, suggesting solid fundamentals and a positive outlook. The Greek bank, the German bank notes, is outperforming its competitors primarily due to its […]
ELTA’s post offices will serve as mini bank branches, something especially important for rural and remote regions
With a one-day delay, Moody’s upgraded Alpha Bank and Piraeus Bank, following the recent upgrade of the Greek economy. The credit rating agency had already upgraded the other two systemic banks, National Bank of Greece and Eurobank, as well as Attica Bank, the previous night. Specifically, Moody’s raised the credit ratings of Alpha Bank and […]
The bond loan agreement was signed last week with local Alpha Bank; AIA also reports higher passenger traffic, profits
Alpha Bank underlines that despite these drawbacks, the construction building sector has shown positive performance since the beginning of the year, maintaining the growth trajectory of recent years.
The AT1 issue was greeted with high demand by more some 250 international and domestic investors, with the amount offered reaching 2.9 billion euros
Alpha Bank, Eurobank, National Bank, and Piraeus Bank are the Greek banks likely to record historical highs in profitability, paving the way for even greater shareholder rewards in 2025, with 35% of 2024 profits expected to be returned.
Three of the four bankers have already announced dividends for 2023's results, the first such distribution of profits after three successive bailouts
As the analysis notes, the long-term trend of household forecasts for their economic situation and unemployment is favorable, reaffirmed by their intentions for significant purchases and savings,
Alpha Bank report calculates power production in Greece in 2021 exceeded 54,000 GWH