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Alpha Bank Sells Serbian Real Estate Subsidiary for €8.4 million

Greece's Alpha Astika Akinita, an Alpha Bank subsidiary, said it has sold its Serbian subsidiary Alpha Real Estate to Mat Real Estate for 8.4...

Survey Shows Decisive Role of Tourism in Greece’s Economic Recovery

Tourism, a traditionally strong pillar of Greece's economy, holds a decisive role in the country's efforts to recover from the current debt crisis, a...

New Athens Hilton Owners have Plans for New Luxurious Services

The completion of the sale of the Athens Hilton to Home Holdings on Friday opens the way for the company's plans for new and...

Athens Hilton Hotel Sold to TEMES-Dogus Consortium

Alpha Bank agreed on Thursday to sell the Hilton Hotel in Athens to the consortium comprising Greece’s TEMES and Turkey’s Dogus Holdings A.S. The two...

Alpha Bank Launches Procedure to Sell Hilton Athens Hotel

Alpha Bank announced on Wednesday the launch of a procedure to sell a majority stake (around 97.3%) in the equity capital of Ionian Hotel Enterprises...

Athens Stock Exchange Takes 5% Plunge

The Athens Stock Exchange took a 5 percent plunge on Wednesday closing at 531 points, generating turmoil among foreign investors. The dip in bank shares...

Credit Agricole Returns to Greece as Major Shareholder in Alpha Bank

Credit Agricole, the French bank giant which ended its commercial presence in Greece around three years ago when it sold Emporiki Bank to Alpha...

The Emblematic Athens Hilton Hotel is Allegedly for Sale

The Athens Hilton, the emblematic hotel that has hosted countless important people and celebrities visiting Athens, is allegedly up for sale. According to a report...

Athens’ Stock Exchange Temporarily Suspends Trading for 3 Greek Banks

Athens’ Stock Exchange announced on Wednesday it will temporarily suspend trading of the stocks of three systemic banks – Alpha Bank, Eurobank and Piraeus...

Private Sector Deposits up 305M Euros in August‏

Private sector deposits in Greek banks grew by 305 million euros in August, after a decline by 1.397 billion euros in July, totaling 121.138...

Red Loans Pose Threat to Greek Banks Restart

"Bad loans haunt Greek Banks Seeking New Start" is the title of a Reuters report regarding the plight of the banking sector in Greece's...

Eurobank to Take Over Alpha Bank Branches in Bulgaria

Eurobank, one of Greece's biggest banks, will take over the business of another major Greek bank, Alpha Bank, in the neighboring Balkan country of Bulgaria. Eurobank's...

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