13 Facts About Alpha Bank


Alpha Bank is the second largest Greek bank by total assets, and the largest by market capitalization of €2.

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In 2012, Alpha Bank called off its merger with Eurobank Ergasias, which had been announced the previous year.

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Alpha Bank took over the deposits of Cooperative Bank of Dodecanese, Cooperative Bank of Western Macedonia, and Cooperative Bank of Evia in 2013, and acquired the entire share capital of Emporiki Bank.

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The Alpha Bank redeemed the total amount of the Hellenic Republic's Preference Shares on 17 April 2014.

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On 26 October 2014 Alpha Bank announced the successful completion of the European Central Bank's Comprehensive Assessment in the Static Adverse Scenario with CET1 8.

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Also in 2014, Alpha Bank took over Citibank's Greek retail banking operations.

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Alpha Bank requested Emergency Liquidity Assistance from the Bank of Greece on 16 January 2015.

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In 2019, Alpha Bank was among the Greek organisations raided by authorities as part of an investigation on anti-competitive practices, horizontal agreements or exclusionary practices in the provision of payment services.

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In 1960, the Commercial Credit Alpha Bank established a subsidiary in Cyprus that it may later have closed or sold.

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Alpha Bank started a program of international expansion, especially in Southeastern Europe, in early 1990.

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Alpha Bank has an extensive branch network in Bulgaria, the foundation of which it inherited from Ionian and Popular Bank, which entered in 1994 with a representative office in Sofia.

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On 27 March 2008 Alpha Bank reached a deal to buy a majority stake in newly established OJSC Astra Bank in Ukraine, as part of plans to expand in the region.

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Alpha Bank has a branch in London and a finance company, and ran Alpha Finance US, in New York, which no longer exists.

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