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Deposits slide by 795 mln in Apr, dropping to 198.37 bln
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Eurobank net profits at 314.1 mln in Q1, commission income at 169.2 mln
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Alpha reports 223 mln profit in Q1, commission income up 11 pct YoY
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Piraeus Bank profit at 284 mln in Q1, commissions income up to 160 mln
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Alpha Bank's 2024 profits at 654 mln, commision income at 420 mln
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NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
Alpha Bank acquires Citigroup's retail banking unit in Greece
Alpha Bank announced today it signed an agreement for the acquisition of Citigroup’s Greek retail banking business, also including Diners Club of Greece. This is the second major Μ&Α transaction for Alpha after the acquisition of Emporiki Bank by Credit Agricole in 2012.
The consideration stands at 2 million euros, is capital neutral for Alpha and is expected to contribute positively to Alpha pre-provision income from the first year, according to Alpha’s press release. The transaction is expected to be completed in the ...
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