Greece's Alpha in talks with Credit Agricole
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Greece's Alpha in talks with Credit Agricole

Athens : Greece | Oct 01, 2012 at 12:45 AM PDT
Source: Ledger-Enquirer
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Greece Greece's Alpha Bank says it is in talks with France's Credit Agricole to buy its Greek unit Emporiki Bank. Alpha said Monday it was in talks to purchase the entire share capital of Emporkiki and that the transaction is expected to be completed by Dec. FULL ARTICLE AT Ledger-Enquirer
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Credit Agricole, big Flex customer!
Credit Agricole, big Flex customer!
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READ MORE: Alpha bank, Emporiki Bank, Credit Agricole Starts Talks, Greece Greece, Greece, Athens, Crdit Agricole, Business Finance, Emporiki, European Union, Credit
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News Stories

 

  • Credit Agricole to sell Greek bank Emporiki for €1

    The Globe & Mail
    Debt Crisis Economy Debt Crisis The French lender will not be required to retain a stake in Emporiki but will subscribe to 150-million in convertible bonds to be issued by Alpha Bank. Credit Agricole's funding line to Emporiki would fall to pro-forma...

  • Credit Agricole Starts Talks to Sell Its Greek Unit

    International Herald Tribune
    Credit Agricole, the big French bank, said Monday it had begun exclusive talks with Alpha Bank with a goal of unloading its Greek unit, Emporiki, for a symbolic one euro. Credit Agricole, which has the largest exposure of any European lender to the...

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