After 2021 balance sheet clean-up, Alpha Bank turns profit of 398 mln in 2022
NBG's total attributable profit rises to 1.12bln in 2022, up 29 pct
Eurobank net profit jumps 4x to 1.33 bln in 2022, NPE ratio at 5.2 pct
Balance sheet clean-up spurs Piraeus to net profit of 899mln, 1.22bln NII in 2022
Banks discover stress test assumptions, results due in July
HFSF sets out bank divestment strategy, marking final chapter in turbulent story
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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