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You are here: Homepage: About Alpha Bank: The Bank: Chronology: 1980:
   
   
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1980-1984
1985-1989
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1985-1989

   

  1985| 1986| 1987| 1988| 1989

1985

• The development of the Network continues at an impressive pace reaching the number of 100 Branches. Equally dynamic is the expansion of the ATM network which will be doubled in the following three years.


Illustration of the first generation of Automated Teller Machines (ATMs) of the Bank
Advertising brochure
Alpha Bank Historical Archives

1986



• The first phase of the construction of the new Main Building at 40 Stadiou Street, Athens, is completed. The technical characteristics of this building make it a significant achievement of contemporary technology.

 

 

 

 


• The first network of Personal Computers is installed, which soon extends to all the services of the Bank. 



 
External view of the New Main Building after the completion of the first phase of its construction
Photograph
Alpha Bank Historical Archives

1987



• The establishment of the Efstathia J. Costopoulos Foundation is announced, during the official inauguration of the new Main Building on 20.2.1987, as a contribution to the reconstruction of the city of Kalamata which was struck by earthquakes in 1986. The purpose of the Foundation, named in memory of the spouse of the founder of the Bank, is to operate a model nursery school known as ''Yaya’s Garden''.

• Always at the head of innovative banking technology, the Bank installs a new advanced IT System in order to respond to the growth of its business. 

• The Bank inaugurates a service for the underwriting of share issues on the Stock Exchange that very soon attains a dominant position in the market.

 



The logo of the “Yaya’s Garden” nursery school


 

1988




• Cashcard Visa is issued, the first bank and credit card in Greece that combines a credit card with a card for the deposit and withdrawal of cash.  

 

 

 

• The subsidiary Company ''Alpha Finance'' is founded. It is the first company in Greece to provide merchant, banking and investment banking services.  




 The first bank and credit card released in Greece
Alpha Bank Historical Archives


 


Advertising brochure of the subsidiary Company
“Alpha Finance” 
Alpha Bank Historical Archives

1989


 

• The Bank, a pioneer in the field of electronic banking services, inaugurates the Alphaphone system which allows Customers to conduct banking transactions solely by using a telephone device.

 

 

 


 


 

• Inauguration of the Bank’s presence in London with the establishment of a Representative Office, which a few years later (1993) will develop into a Branch.

 

 

 

 

 

 


• The Bank participates along with the Theodoridis brokerage firm in the foundation of ''Alpha Brokerage''; the first company that became a member of the Athens Stock Exchange.




Advertising brochure for the Alphaphone service
Alpha Bank Historical Archives


 

The announcement of the opening of the Representative Office of the Bank in London, 1989
Alpha Bank
Historical Archives

Information brochure on the operation of the Representative Office of the Bank in London, 1989
Alpha Bank
Historical Archives


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Alpha Bank A.E. uses “cookies" on its websites in order to provide visitors with a safer and more efficient environment. By choosing to continue to browse our websites, you accept the use of “cookies". For details, see the Cookies Policy paragraph under the Terms of Use.