Alpha Bank

Alpha Bank is the fourth largest Greek bank by total assets but the largest by market capitalisation of 1.52 Billion Euro as of 11 February 2016. 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 liberal government of Georgios Papandreou, is the Chairman.

On 1 February 2013, Alpha Bank acquired the entire share capital of Emporiki Bank and the legal merger was completed on 28 June 2013.

On 31 May 2013, the Bank proceeded to a successful recapitalisation with oversubscription of the required private-sector participation in the Rights Issue, which resulted in the preservation of Alpha Bank's private character.

On 31 March 2014, Alpha Bank successfully completed its Euro 1.2 billion capital increase.