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Alpha Bank

Alpha Bank S.A.
Αλφα Τράπεζα Α.Ε.
Anonymi Etairia
Traded as
OTC Pink:
Industry Financial services
Founded 1879
Headquarters Athens, Greece
Number of locations
929 worldwide branches(Q3 2015) (627 Branches in Greece)
Key people
Vasileios Rapanos (Chairman)
Demetrios Mantzounis (CEO)
Products Retail
Investment
Corporate Banking
Asset Management
Revenue Decrease2.303 billion (2015)
Decrease-1.153 billion (2015)
Profit Decrease-€2.206 billion (2015)
Total assets Decrease€69.3 billion (2015)
Total equity Increase€8.673 billion (2015)
Owner Hellenic Financial Stability Fund (11.01%)
Number of employees
Decrease 13,847(Greece:9,678, Abroad:4,169) (2015)
Subsidiaries Alpha Bank Cyprus Ltd
Alpha Bank Romania
Alpha Bank Beograd
Alpha Bank Skopje
Alpha Bank Albania
Alpha Bank London
Alpha Insurance Ltd
Capital ratio 16% (CET1 fully loaded Basel III)
Website www.alpha.gr

Alpha Bank is the fourth largest Greek bank by total assets but the largest by market capitalization of 2.45 billion euros as of 8 February 2017. It has a subsidiary and branch in London, and branches and subsidiaries throughout Southeastern Europe (see "International expansion" below). Founded in 1879, it has been controlled by the Costopoulos family since the very beginning. Currently Ioannis Costopoulos, who is the grandson of the original founder John F. Costopoulos, and the nephew of Stavros Costopoulos, Foreign Minister in the government of Georgios Papandreou, is the honorary Chairman. On January 16, 2015, Alpha Bank requested Emergency Liquidity Assistance (ELA) from the Bank of Greece.

In addition, Alpha Bank has a branch in London and a finance company, Alpha Finance US, in New York. The latter does not exist anymore.

The company is listed on the Athens Exchange with stock symbol ALPHA; the ISIN is GRS015013006. As of 11 August 2015, the number of securities outstanding and the number of securities listed is 12769059858 (around 12.7 billion). The stock is one of the 25 stocks in the FTSE/Athex Large Cap index (11 August 2015).


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