ECONOMY

Alpha to forge ahead with its e-banking services

Alpha Bank, the country’s second-largest lender based on market capitalization, is preparing to take more aggressive steps in the field of electronic banking services in the new year, according to company sources. The lender hopes to cover lost ground in this area of business as its peers provide a broader range of advanced electronic banking services. For the time being, sources at Alpha are being tight-lipped regarding their future plans in a bid to catch rivals off guard. Alpha Bank, which is Greece’s second-largest lender after National, has a market capitalization of 2.07 billion euros, according to yesterday’s closing prices on the Athens bourse. Its shares dipped 52.5 percent in 2010, versus a 51.8 percent drop in the Athens bourse’s banking index and a 35 percent slide in the broader market.