Alpha Bank on Thursday announced a binding agreement to acquire the total assets and liabilities of AstroBank Public Company Ltd for €205 million, a...
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Greece-owned Alpha Bank is going ahead with the takeover of Astrobank at a preliminary purchase price of €205 mln, making the new merged entity the third biggest bank in Cyprus. After the takeover, the new Alpha will have 26 branches and just under 800 staff, following Astrobank’s decision in 2023 to downsize its branch network and workforce to 400. The takeover also ends the presence of Lebanon’s Sehnaoui family in the Cyprus banking scene, after they took over the local operations of Piraeus Bank in 2017, that in turn emerged from the Greek giant’s acquisition of Arab Bank a decade
Alpha Bank on Thursday announced a binding agreement to acquire the total assets and liabilities of AstroBank Public Company Ltd for €205 million, a...
A bank has announced it will open a new branch on the Sunshine Coast, defying a trend by others towards closing branches. Queensland Country Bank will...
What used to be the capital’s landmark sports ground for nearly a century, the ‘Old GSP’ area is coming back to life, 14 years after the public...
This is part of the Trump administration’s efforts to downsize the federal workforce through billionaire Elon Musk's Department of Government...
In a move to downsize the federal workforce, the US Defense Department plans to fire 5,400 employees next week, says a Pentagon official.
Mahashivratri 2025 Bank Holiday: The Reserve Bank of India (RBI) bank holidays calendar list has given full details of states and days when bank...
Hellenic Bank is expected to finalise its acquisition of CNP Cyprus Insurance Holdings Limited by the first quarter of 2025. The deal, valued at...
New loans in Cyprus saw a significant decline in January 2025, with total net new lending dropping to €318.7 million from €592 million in...
Preliminary project details
The Governor of the Bank of Ghana, Dr Johnson Asiama, has revealed that the central bank may relinquish its role in gold purchases, allowing a...