ALPHA BANK AND EUROBANK SHARES SUSPENDED ON ATHENS STOCK EXCHANGE

The merger of Greek groups Alpha Bank and EFG Eurobank, both with operations in Romania, could be delayed by uncertainties over losses from the Greek state’s debt relief program for private creditors, an Alpha Bank official told Reuters on Monday. Shares in their banks were suspended on the Athens stock exchange on Monday. Before the …

ALPHA BANK ROMANIA CELEBRATES 20 YEARS SINCE THE FIRST MORTGAGE LOAN IN ROMANIA

Creditul ipotecar, the banking product for Romanians who want to buy or build a home, has celebrated its 20th anniversary on the local market. In September 2001, Alpha Bank Romania announced the launch of Alpha Housing, the first mortgage loan that allowed the purchase of a house without any other guarantees than the mortgage on …

CERT-RO: RAIFFEISSEN BANK, ALPHA BANK AND PROCREDIT BANK TARGETED BY REAL-TIME PHISHING ATTACKS

The National Cyber Security Incident Response Centre (CERT-RO) has identified in recent weeks “real-time phishing” attacks against customers of financial institutions in Romania. The banks targeted by these attacks are ProCredit Bank, Raiffeissen Bank and Alpha Bank. “What is the difference between a classic phishing attack and real-time phishing? Unlike in the first case, where …

ALPHA BANK WANTS A NEW MEETING, EFG EUROBANK SAYS IT’S APPROVED

Alpha Bank has announced that it wants a new shareholders’ meeting on the merger with EFG Eurobank to be informed of the two groups’ costs of reducing Greece’s debt, but EFG says the merger has already been approved by shareholders and conditional only on the authorities’ approval.The two banks have returned with more detailed information, …