Alpha Bank is the second largest commercial bank in Greece and the top bank in the private sector.
The Bank's activities cover the entire range of financial services. It is acknowledged as an innovator in introducing new products, as, for instance, home banking via Alphaphone (banking... More
Monday, Aug 292011, 8:10 AMIt appears they like the news... Greek shares sky on the merger and planned recapitalization of the country's 2nd and 3rd-largest banks; the Athens General Index +14.3%. For perspective, the index has fallen more than 50% the last 6 months. Not part of the merger: National Bank of Greece (NBG) +30% premarket. |Monday, Aug 292011, 8:10 AM| 1 Comment