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NBG net interest income jumps 65 pct in 2023 to 2.26 bln as net profit reaches 1.2 bln -
First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses -
Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct -
Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln -
Piraeus Bank reports 2 bln NII in 2023, income from fees at 547 mln -
Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln
Eurobank acquires Alpha network in Bulgaria, kicking off round of consolidation abroad
In a joint statement released by Alpha and Eurobank on Friday evening, the two banks announced the acquisition of Alpha’s branch network in Bulgaria by Eurobank’s subsidiary in Bulgaria, Postbank.
Following the completion of the transaction, expected by the end of the year, Postbank will become the fourth largest bank in Bulgaria in terms of loans and deposits operating with more than 200 branches and 3,000 employees.
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