ECONOMY

Alpha Bank’s global series of roadshows ends

Alpha Bank announced yesterday that it recently completed a series of roadshows which, for the first time, included presentations in a number of Asian financial centers. Senior management visited Tokyo, Hong Kong and Singapore, in addition to the more traditional European and North American markets. Presentations covered, in particular, Alpha Bank’s profitable track record and growth prospects brought about by its penetration of high-spread retail business and its success in cost containment through restructuring. Moreover, the progress and outlook of the Greek economy and the banking system, especially post-Olympics, were analyzed and discussed. «We are very pleased with the positive response that we received during these roadshows. We believe that this is a recognition of our strong focus on increasing shareholder value as well as our future growth prospects,» Marinos Yiannopoulos, Executive General Manager and CFO of Alpha Bank, said. Foreign institutionals hold approximately 28 percent of Alpha’s shares.