Alpha Bank A.E.
The Bank was originally established in 1879 as the banking branch of J.F. Costopoulos & Company. In 1924 the Bank moved its headquarters to Athens and its shares were listed on the Athens Stock Exchange in 1925. In 1994 the Bank changed its name from Credit Bank to Alpha Credit Bank, to incorporate the Alpha brand name used extensively for its subsidiaries and services. Following the merger of Alpha Credit Bank and Ionian Bank in 1999, the Bank’s name changed to Alpha Bank A.E. Today, Alpha Bank A.E. is the largest privately owned and operated commercial bank in Greece, and is one of the most dynamic and progressive banking institutions in the country.
In London, the Bank established a Representative Office in 1989, and upgraded this to full branch status in 1994. At the end of 1994, we acquired the Commercial Bank of London Plc, a UK licensed bank with three branches in London primarily serving the retail banking requirements of Greek and Cypriot customers in London. CBL was re-named Alpha Bank London Limited, and services the retail and private banking requirements of our group in the UK. Alpha Bank London Branch undertakes the group’s wholesale activities in the UK.
We believe that we have the right philosophy, experience and support, to build on the Bank’s earlier success. It is only with the right staff, hard work and the best use of opportunities, that we will prosper in this extremely competitive market.
Our mission is to provide a first rate International Banking service to our clients worldwide and in the UK domestic market, by employing first rate professional bankers who, with determination, innovation and flexibility can maintain and improve on the competitive edge we believe we have over our rivals.