Alpha Bank
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Alpha appoints two new executives
Alpha Bank has added two new positions, chief legal officer and head of international operations, to its executive committee, Greece's fourth-largest lender said on Thursday.
The bank appointed Sergiu Oprescu as general manager of its international network, and Nikos Salakas as chief legal and governance officer.
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Dine Athens | Athens | To February 10
Diners Club and Alpha Bank present the fourth installment of Dine Athens, a celebration of the Greek capital's ever expanding and increasingly respected restaurant scene, running through February 10. This premier culinary event offers discounts and special menus at 120 select eateries around the city.
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Judicial probe launched into reports on gov't aide
An Athens prosecutor on Friday ordered a preliminary investigation into reports that a close associate of a government minister had tried to intervene so that a company owned by disgraced businessman Lavrentis Lavrentiadis could get out of paying more than 120 million euros in debts to the Public Gas Corporation (DEPA).
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Businessman Lavrentiadis facing more fraud charges
Disgraced businessman Lavrentis Lavrentiadis is facing fresh charges of fraud, after he and four close associates were accused by an Athens prosecutor of cheating Alpha Bank out of millions of euros in loans.
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Households have lost 28 pct of their assets
Greek households lost 27.9 percent of their assets in the decade from 2008 to 2018, Alpha Bank notes in its weekly financial bulletin.
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ATHEX: Banks' losing streak brought to an end as turnover leaps
The closing auctions saved the day for the Greek stock market's benchmark once again on Friday, leading to the highest daily turnover in 30 sessions. The banks index also ended its six-day losing streak, during which it had shrunk by almost 20 percent.
ATHEX: Banks index sinks to new 12-month low
As many had been expecting, the Greek bourse benchmark dropped below the 600-point mark before the end of the year, succumbing on Thursday to pressure on bank stocks in particular. It was the seventh consecutive day of losses for Athinon Avenue, which picked up from where it had left off before Christmas.
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Eurobank loans for RES plants
Eurobank announced on Thursday that it has concluded three bond loan issues totaling 201.9 million euros, which will go toward financing three operating entities of Total Eren in Greece, representing a portfolio of 162.4 megawatts of wind and photovoltaic parks.
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Alpha Bank reverts to profits in Q3
Alpha Bank turned profitable in July-to-September on stronger trading gains compared to the second quarter, and lower credit-loss provisions, Greece's fourth-largest lender by assets said on Thursday.
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Alpha Bank in deal to sell 1.0 bln euros pool of sour loans
Greece's fourth-largest lender Alpha Bank said on Thursday it clinched a deal to sell 1.0 bln euros of Greek small business non-performing loans with a consortium of funds managed by Apollo Global Management and the IFC.