Strong interest by foreign funds in the Alpha Bank capital growth
Strong interest by foreign funds in the Alpha Bank capital growth
The group has already taken the decision to raise 1.2 billion euros from the markets
Top executives of the Alpha bank group carry out important meetings the past few hours with top funds that have their headquarters in London.
The group has already taken the decision to raise 1.2 billion euros from the markets and for this reason the general managers Spyros Philaretos and Artemios Theodoridis as well as Dimitris Kostopoulos and George Psaltis are in talks with investment banks and funds for the prospects of the bank and the Greek economy.
Roadshows will be held in the Middle East and Asian financial centers in order to inform the sovereign funds.
Alpha Bank believes it is in an extremely advantageous position among the other Greek banks, which in combination with the very conservative assumptions of BlackRock and the equally preservative, additional "filters" of the Bank of Greece, makes the funds it intend to draw quite sufficient.
"As a result, the capital stock of the bank is huge," bank executives said at the while briefing analysts on the results of 2013.
The group has already taken the decision to raise 1.2 billion euros from the markets and for this reason the general managers Spyros Philaretos and Artemios Theodoridis as well as Dimitris Kostopoulos and George Psaltis are in talks with investment banks and funds for the prospects of the bank and the Greek economy.
Roadshows will be held in the Middle East and Asian financial centers in order to inform the sovereign funds.
Alpha Bank believes it is in an extremely advantageous position among the other Greek banks, which in combination with the very conservative assumptions of BlackRock and the equally preservative, additional "filters" of the Bank of Greece, makes the funds it intend to draw quite sufficient.
"As a result, the capital stock of the bank is huge," bank executives said at the while briefing analysts on the results of 2013.
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