Alpha Bank A.E. is one of the largest banks in Greece. The company's primary activities consist of retail banking in Greece and particularly loans to individuals and small business loans. The Alpha Bank Group is active in the international banking markets, with presence in Cyprus (Alpha Bank Cyprus), Romania, Bulgaria, Serbia, Ukraine, Albania, FYROM and the United Kingdom. Total assets: EUR 73.4 million (as of September 30, 2013).
The Group offers a wide range of high-quality financial products and services, including retail banking, SMEs and corporate banking, asset management and private banking, the distribution of insurance products, investment banking, brokerage and real estate management. The Branch network in Greece consisted of 913 branches (including Alpha Private Bank and Commercial Centres) as at 31.12.2012. Alpha Bank is incorporated and registered in the Hellenic Republic.
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No more queues in front of ATMs - 23.01.2013 Reduced transaction duration is an important issue for customer satisfaction and for efficient use of Banking channels, especially at ATMs. Every measure taken to fasten cash withdrawals, most widespread used ATM transaction, is beneficial to both customers and banks.
Swiss bank Wegelin & Co. to close after US tax evasion fine - 04.01.2013 Switzerland's oldest bank is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes. Wegelin & Co., which was established in 1741, has also agreed to pay $57.8 million in fines to US authorities. Source: BBC
Banks seen shrinking for good as lay-offs near 160,000 - 16.11.2012 Major banks have announced some 160,000 job cuts since early last year and with more lay-offs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly two-to-one. Source: Reuters