Alpha Bank entering new growth trajectory, with extroversion and solid performance

The leadership of Alpha Bank referred to the success of strategic actions that placed the institution on a trajectory of strong gains, during the annual ordinary shareholders' meeting held on Wednesday.
Alpha Group CEO Vassilis Psaltis and Chairman of the Board Dimitris Tsitsiragos said the recovery of the bank from non-performing loans and low confidence by markets required strategic clarity, courage, discipline, and cooperation.
CEO Psaltis said that within five years only, Alpha Bank managed to present the best performance in its history for the first quarter of 2025, quadrupling the dividend for its shareholders. He also referred to the Group's upcoming merger of Alpha Bank with Alpha Services and Holdings on June 30, which will signal a new era for the Group.
Chairman Tsitsiragos underlined the added value in the bank's growth dynamic through recent buyouts, such as Astro Bank on Cyprus and FlexFin - a digital platform of factoring services for SMEs, the backbone of the Greek economy. Alpha Bank also bought the entire shareholder capital of AXIA Ventures, in order to create a strong banking investment platform in Greece and Cyprus, he added.
Alpha Bank also benefited from its strategic and long-term collaboration with UniCredit, and 2025 will be a year of accelerating that collaboration through priorities such as expanding investment products of Alpha Asset Management in European markets through UniCredit's network.