Alpha Bank was founded in 1879 by John F. Costopoulos, when he established a commercial firm in the city of Kalamata. In 1918 the banking department of the "J.F. Costopoulos" firm was renamed to "Bank of Kalamata".
In 1924 the Bank's headquarters were moved to Athens, and it was renamed to "Banque de Credit Commercial Hellenique".
In 1947 the title was changed to "Commercial Credit Bank", in 1972 to "Credit Bank" and finally in March 1994 to "Alpha Credit Bank".
The Bank grew considerably in the last decades. Beyond providing banking services and products, it has developed into a major Group offering a wide range of financial services in Greece and in Southeastern Europe.
In 1999 the bank acquired 51% of the shares of the Ionian Bank. On April 11, 2000 the merger of the Ionian Bank was approved through absorption by Alpha Credit Bank.
The name of the enlarged, new Bank, resulting from this merger is Alpha Bank.
Alpha Bank is one of the largest banks in Greece. The Bank's activities cover the entire range of financial services.
It is acknowledged as an innovator in introducing new electronic services, such as :
Alphaphone (banking services over the phone)
Alphaline (PC link),
Alpha Web Banking (banking services through the Internet),
Alpha Mobile Banking (banking services over a mobile phone).
The Bank also offers shipping services and a wide range of deposits and loan accounts.
Together with the companies that comprise the Alpha Bank Group, it covers all aspects of the financial sector, providing comprehensive services in the following fields :
financing services, through the companies Alpha Leasing and ABC Factors
financial services, through Alpha Finance, Alpha Finance U.S, Alpha Asset Management Á.Å.D.A.K. and the European Development Programs Management Company of Thessaly and Sterea Hellas
investment services, through Alpha Ventures and Ionian Holdings
information and other services, through Evremathia
Alpha Bank was founded in 1879 by John F. Costopoulos, when he established a commercial firm in the city of Kalamata.
The Bank grew considerably in the last decades. Beyond providing banking services and products, it has developed into a major Group offering a wide range of financial services in Greece and in Southeastern Europe. 
