Tag #Alpha Bank

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kathimerini.gr

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Sep 18, 10:19

Greek 10-Year Bond Re-issued, Tourism Fines, and Real Estate Sales

Greece re-issued its 10-year bond, raising €250 million with over four times the demand; tourism businesses faced over €6 million in fines during summer inspections; and Lamda Development reported €1.4 billion in real estate sales at the Hellinikon project.

Greek 10-Year Bond Re-issued, Tourism Fines, and Real Estate Sales

Greece re-issued its 10-year bond, raising €250 million with over four times the demand; tourism businesses faced over €6 million in fines during summer inspections; and Lamda Development reported €1.4 billion in real estate sales at the Hellinikon project.

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What actions were taken regarding fuel pricing and tourism businesses?

Fuel station owners will now update fuel prices monthly instead of weekly, per a decision by the Ministry of Development, responding to the Greek Petrol Station Owners Federation. Additionally, labor inspections resulted in over €6 million in fines for tourism businesses during the summer, stemming from 8,141 inspections.

kathimerini.gr

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Jun 2, 13:14

UniCredit Increases Alpha Bank Stake to Nearly 20%, Signaling Strategic Partnership

UniCredit raised its stake in Alpha Bank to almost 20%, a major investment exceeding €1 billion following the purchase of shares from the HFSF and via derivatives, strengthening their strategic partnership; this is the largest direct investment by a top European bank in the Greek banking sector in t...

UniCredit Increases Alpha Bank Stake to Nearly 20%, Signaling Strategic Partnership

UniCredit raised its stake in Alpha Bank to almost 20%, a major investment exceeding €1 billion following the purchase of shares from the HFSF and via derivatives, strengthening their strategic partnership; this is the largest direct investment by a top European bank in the Greek banking sector in t...

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What is the significance of UniCredit's increased stake in Alpha Bank, and what are the immediate impacts?

UniCredit increased its stake in Alpha Bank to nearly 20%, a significant vote of confidence following Alpha Bank's regained investment grade. This move, involving a major European bank, creates new dynamics and strengthens UniCredit's strategic position in Alpha Bank.

kathimerini.gr

🌐 85% Global Worthiness

Mar 31, 13:16

Alpha Bank to Acquire AXIA Ventures, Creating Leading Investment Bank in Greece and Cyprus

Alpha Services and Holdings will acquire AXIA Ventures Group to become the leading investment banking firm in Greece and Cyprus by Q3 2025, boosting Alpha Bank's EPS by 1.4% and ROI above 20%, driven by Greece's economic growth and foreign investment.

Alpha Bank to Acquire AXIA Ventures, Creating Leading Investment Bank in Greece and Cyprus

Alpha Services and Holdings will acquire AXIA Ventures Group to become the leading investment banking firm in Greece and Cyprus by Q3 2025, boosting Alpha Bank's EPS by 1.4% and ROI above 20%, driven by Greece's economic growth and foreign investment.

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How will this acquisition affect the Greek and Cypriot investment banking landscape and broader economic trends?

The acquisition combines AXIA's regional expertise, recognized by Euromoney awards, with Alpha Finance's established client base and partnership with Kepler Cheuvreux. This positions the combined entity to capitalize on Greece's growing economy and increased foreign investment, supporting expansion of Greek companies.

kathimerini.gr

🌐 85% Global Worthiness

Aug 31, 13:17

UniCredit's Potential Full Acquisition of Alpha Bank: A Strategic Analysis

UniCredit, nearing its target 29.9% stake in Alpha Bank, faces a decision on a full takeover, influenced by its Commerzbank situation and the potential €7 billion investment.

UniCredit's Potential Full Acquisition of Alpha Bank: A Strategic Analysis

UniCredit, nearing its target 29.9% stake in Alpha Bank, faces a decision on a full takeover, influenced by its Commerzbank situation and the potential €7 billion investment.

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What is the immediate impact of UniCredit nearing its 29.9% stake in Alpha Bank?

UniCredit's near-completion of acquiring 29.9% of Alpha Bank's shares will integrate almost one-third of Alpha Bank's net profits into UniCredit's results by 2025, contributing approximately €300 million, and strengthening the strategic link between the two groups. Analysts estimate a roughly 26% stake will yield €244 million in net profit for UniCredit in 2026.

kathimerini.gr

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May 28, 13:13

Reggeborgh Sells Alpha Bank Stake to UniCredit, Boosting Italian Bank's Holding to 20%

Reggeborgh Invest sold its 9.75% stake in Alpha Bank to three investment banks, with UniCredit acquiring a significant portion, increasing its total stake to approximately 20% and aiming to reach up to 29.9% by the end of 2025, resulting in an estimated €180 million annual profit increase.

Reggeborgh Sells Alpha Bank Stake to UniCredit, Boosting Italian Bank's Holding to 20%

Reggeborgh Invest sold its 9.75% stake in Alpha Bank to three investment banks, with UniCredit acquiring a significant portion, increasing its total stake to approximately 20% and aiming to reach up to 29.9% by the end of 2025, resulting in an estimated €180 million annual profit increase.

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How will UniCredit's increased stake in Alpha Bank impact its financial performance and shareholder returns?

Reggeborgh's investment, initially supporting Alpha Bank's capital increase, demonstrates confidence in the Greek economy and banking sector. The sale to unnamed investment banks, followed by UniCredit's acquisition, signifies a strategic shift involving significant capital movement and potential future implications for the bank's trajectory and shareholder structure.

kathimerini.gr

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Feb 7, 13:10

Greek Investments Lag Behind Target Despite Positive Long-Term Trend

Greece's investments increased by 2.2% in the first nine months of 2024, lagging behind the 6.7% annual target; however, the contribution of investments to GDP remains positive and is projected to increase further with public and EU funds, notably from the Recovery Fund, amounting to €9.8 billion in...

Greek Investments Lag Behind Target Despite Positive Long-Term Trend

Greece's investments increased by 2.2% in the first nine months of 2024, lagging behind the 6.7% annual target; however, the contribution of investments to GDP remains positive and is projected to increase further with public and EU funds, notably from the Recovery Fund, amounting to €9.8 billion in...

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What is the immediate impact of Greece's lower-than-expected investment growth in 2024 on its GDP and economic outlook?

Greek investments grew by 2.2% in the first nine months of 2024, falling short of the 6.7% target for the entire year. Despite this, investments consistently contribute positively to GDP, reaching approximately 15% by the end of 2023.

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