Thursday September 18, 2014 Search
Weather | Athens
27o C
19o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Alpha confirms purchase of Citibank's Greek retail ops

Alpha Bank, Greece's fourth-biggest lender by assets, said on Friday it agreed to acquire Citibank's retail banking operations in Greece at a price of 2 million euros ($2.72 million).

"Under the agreement, the acquired operations comprise Citi's wealth management unit with customers' assets under management of about 2.1 billion euros, out of which deposits of about 1 billion euros, net loans, mainly credit card balances, of 0.4 billion, as well as a retail branch network of 20 units which serves 480,000 clients," Alpha said.

The statement confirms sources telling Reuters on Thursday that the deal was imminent. [Reuters]

ekathimerini.com , Friday June 13, 2014 (10:35)  
Local lenders draw 5 bln for loans to SMEs
Tourism drives jobless rate down
Hardouvelis asks for some room to breathe
Athens could miss out on last bailout installment
Police, protesters clash during rally to mark Fyssas killing
Greek police fired teargas at protesters who hurled petrol bombs and stones in Athens on Thursday during a rally marking one year since the killing of an anti-fascism rapper by a far-right G...
Prescription limit to rein in EOPYY spending
In a bid to rein in its expenses, the countrys largest healthcare provider, EOPYY, is to announce a limit in the coming days on the number and type of diagnostic tests that doctors affiliat...
Inside News
SOCCER
Financial crisis forces Greek second division postponement
Greece's second soccer division Football League announced on Wednesday the postponement of the start of the season due to financial difficulties being faced by most clubs. "The board of dire...
SOCCER
Mitroglou rediscovers scoring touch after Fulham let-down
Costas Mitroglou banished the memories of his disappointing spell in England after breaking a 10-month goal drought as Olympiakos Piraeus secured a thrilling 3-2 Champions League win over At...
Inside Sports
COMMENTARY
High stakes after the Scottish vote
We will soon know whether the Scots voted for their countrys independence or whether they will remain citizens of the United Kingdom of Great Britain and Northern Ireland. What was alread...
COMMENTARY
Greek societys and lenders fatigue
The issue of early elections continues to dog the coalition government despite all the official denials. That the administration is losing its cool is obvious. The political discourse has no...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Local lenders draw 5 bln for loans to SMEs
2. Tourism drives jobless rate down
3. Hardouvelis asks for some room to breathe
4. Athens could miss out on last bailout installment
5. Police, protesters clash during rally to mark Fyssas killing
6. Prescription limit to rein in EOPYY spending
more news
Today
This Week
1. SYRIZA ahead of ND, new opinion poll shows
2. Extradited Greek couple to face magistrate in Athens
3. National Bank of Greece said to pick advisers for Turkish sale
4. Unemployment at 26.6 percent in second quarter of 2014
5. Man's charred remains retrieved from vehicle following accident
6. Bank of Cyprus sells UK loan portfolio
Today
This Week
1. Greece on standby
2. Greece at bottom of social justice scale among EU28
3. Central Athens traffic restrictions back in force on Monday
4. Avramopoulos appointed Commissioner for Migration and Home Affairs
5. Lost in the fog
6. EU bank tests may miss trillion dollar risk, study finds
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.