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Athens Macedonian News Agency: News in English, 15-12-07
CONTENTS
[01] Credit Agricole returns to Greece as major shareholder in Alpha Bank
[01] Credit Agricole returns to Greece as major shareholder in Alpha Bank
Credit Agricole, the French bank giant which ended its commercial
presence in Greece around three years ago when it sold Emporiki Bank
to Alpha Bank, is returning to Greece, this time as a major shareholder
in Alpha Bank.
Alpha Bank, in an announcement, said Credit Agricole now owns 9.75 pct
of Alpha Bank's shares through an affiliate insurance company, thus
becoming the largest institutional shareholder in the Athens-based bank
and one of the largest institutional shareholders among Greek banks,
following completion of their recapitalization.
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