UniCredit SpA offered to buy the Greek state’s holding in Alpha Bank and agreed to acquire Alpha’s Romanian unit, in the first strategic deal struck under Chief Executive Officer Andrea Orcel. Alpha ...

UniCredit SpA (IT:UCG) has released an update. UniCredit has successfully acquired a 90.1% stake in Alpha Bank Romania, marking a significant step in its strategic expansion in Eastern Europe. This ...

At the end of October, Italy’s UniCredit announced a two-part deal with Greek bank Alpha under which it will merge the two lenders’ asset in Romania and buy a 9% stake in Alpha Bank from the Greek ...

Andrea Orcel’s complex deal with Alpha Bank ultimately opens a new front in the Milan-based lender’s pan-European strategy: Greece. On the face of it, UniCredit’s purchase of Alpha Bank’s Romania ...

The FINANCIAL — IFC, a member of the World Bank Group, and Alpha Bank Romania are joining forces to expand the availability of trade finance for importers and exporters in Romania to help spur ...

* SUBMITS OFFER TO HELLENIC FINANCIAL STABILITY FUND “HFSF” TO PURCHASE ALL SHARES HFSF CURRENTLY HOLDS IN ALPHA, EQUAL TO 9% * ALPHA BANK IS EXPECTED TO RETAIN 9.9% IN COMBINED ENTITY SHARE CAPITAL * ...

Romania was the place of perhaps the most important bank M&A deal to be announced in 2023: the merger of the local units of Italian group UniCredit and Greece’s Alpha Bank. The deal promised to allow ...

NEW YORK, Sept. 11, 2024 /PRNewswire/ -- Alpha Bank Romania, in partnership with Montran, the leading provider of interbank payment systems in the country, has launched an advanced Anti-Fraud System.

UniCredit said it would double its stake in Alpha Bank to around 20%, deepening its partnership with one of Greece's top lenders at a time when its expansion efforts elsewhere are facing roadblocks.

MILAN, Oct 23 (Reuters) - Italy's UniCredit CRDI.MI said on Monday it had applied to become the biggest investor in Alpha Bank ACBr.AT by acquiring a 9% stake from Greece's bank bailout fund, as it ...