ALPHA BANK
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To Merge Or Not To Merge, That Is Alpha Bank’s Question
After being announced in late August 2011, the merger of Greek banking groups Alpha Bank and Eurobank, which should have created the third-ranking lender by assets on the Romanian market – A...
Bancpost, Alpha Bank Await Merger With Staff Cuts And Balance Sheet Reduction
Bancpost and Alpha Bank, the Romanian units of Greek banks EFG Eurobank and Alpha Bank, which should have completed their merger in legal terms by the end of 2011, do not have a calendar or...
Alpha Bank 9-Month Pretax Profit In Romania Falls 80% On Year
Greece’s third largest lender Alpha Bank Monday said its pretax profit in Romania dropped 80% to EUR7 million in the first nine months of the year, on lower operating revenues.
Competition Council Clears EFG Eurobank, Alpha Bank Merger
Romanian Competition Council on Monday said it has approved the merger between Alpha Bank and EFG Eurobank, where the former absorbs the latter, concluding that antitrust regulations are not...
Alpha, Bancpost Merger Creates One Big Bank With EUR7B Loans And Just EUR3.1B Deposits
Alpha Bank Romania and Bancpost, two top 10 banks in Romania, and their clients were set to find out on Monday what the merger of their parent banks would look like, in the wake of the extra...
Alpha Bank Requests Asmita Gardens’ Insolvency
The Asmita Gardens project in Bucharest, the most expensive residential complex built by a private investor on the local market, might go insolvent as requested by Greek lender Alpha Bank, w...
What Name Will The Third Leading Bank On Romanian Market Use?
The name of the lender created by the merger of Greek financial groups Alpha Bank and Eurobank, which will own the third leading bank in Romania by assets, should be Alpha Eurobank, but no d...
Alpha Bank 1H Pretax Profit In Romania Falls To EUR5.4M
Greece’s third largest lender Alpha Bank Monday said its pretax profit in Romania dropped 77.4% to EUR5.4 million in the first half, due to higher operating costs.
Eurobank-Alpha Bank Set To Become Romania’s Third Largest Bank Group
The freshly announced merger between Greek lenders EFG Eurobank and Alpha Bank will propel their Romanian subsidiaries to the third position in the local system, from the lower half of the t...