Alpha Bank, the Parent Company and main Bank of the Group, was founded in 1879 by J.F. Costopoulos. The Alpha Bank Group is one of the leading Groups of the financial sector in Greece. It offers a wide range of high-quality financial products and services in the domestic and international market and has one of the highest capital adequacy ratios in Europe.
Alpha Bank in numbers
Employees in Greece and abroad
Capital adequacy ratio
Euro 7.9 billion
Tangible Book Value
Alpha Bank Group Data 31.12.2017
Alpha Bank major innovations in Greek banking
1983Installation of the first ATMs in Greece
1988Introduction of Cashcard Visa, the first card that combines the functions of a credit card and a cash card.
1993Launch of the first debit card with no spending limit.
1986Establishment of the first Leasing Company in Greece, which in 1988 was named “Alpha leasing”.
1988Establishment of the first merchant banking company in Greece, “Alpha Finance”.
1993Introduction of the first private banking services in Greece.
1994Establishment of the first factoring company in Greece.
1998Launch of Alpha Web Banking, the first digital banking service in Greece.
2007Launch of the Bonus Programme, the first and largest Loyalty Programme in Greece.