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Financial News: Reports: Alpha-Eurobank merger pending

Δημοσίευση 29 Αυγούστου 2011, 10:45 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
Financial News: Reports: Alpha-Eurobank merger pending
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The first major bank merger in Greece in several years now appears on the horizon, as well-placed sources on Saturday said Alpha Bank and Eurobank, both heavily trades shares on the Athens Stock Exchange, will merge.
Qatar-based funds are also reported to be involved in the deal.
The first major bank merger in Greece in several years now appears on the horizon, as well-placed sources on Saturday said Alpha Bank and Eurobank, both heavily trades shares on the Athens Stock Exchange, will merge.
Qatar-based funds are also reported to be involved in the deal.
Any new institution arising from an Alpha-Eurobank merger would be amongst the 25 largest in Europe, according to estimates.
The boards of both Athens-based banks will convene on Monday.