Alpha Bank Romania | Romania Feed

The European Commission has announced it approved the acquisition of Alpha Bank Romania by Italy’s UniCredit S.p.A, under the EU Merger Regulation.

Greek group Alpha Services and Holdings, which owns Alpha Bank, and Italian group UniCredit have agreed the main financial conditions for the merger between Alpha Bank Romania and UniCredit Bank Romania, as part of an international strategic partnership.

Element Industrial has taken out a EUR23 million loan from Alpha Bank Romania to finance development of the first two phases of the ELI Park 3 project, part of the ELI Park Bucharest North West project in the Buftea-Chitila area.

Alpha Bank Romania joins the four new governmental programs whose main priorities are to dynamize local production, support constructions, including the “green” area, to stimulate productivity and competitiveness in the agricultural field, and to support projects with innovative and digital components: IMM Prod, Garant Construct, Rural Invest and Innovation.   “We understand the challenges of […]

The first quarter of 2022 was full of challenges, determined by both domestic and international developments, which impacted Romania’s economic growth. Even in this challenging environment, the evolution of Alpha Bank Romania has registered a positive dynamic: Alpha Bank Romania’s loan portfolio increased by approximately 6.1% compared to the first quarter of the previous year, […]

Rating agency Moody’s Investors Service upgraded by one notch, to A2 from A3, the rating assigned to the mortgage covered bonds issued by lender Alpha Bank Romania.

Rating agency Moody’s Investors Service upgraded by one notch, to A2 from A3, the rating of the covered bonds issued by Alpha Bank Romania.   The A2 rating reflects, among others, the high quality of Alpha Bank Romania’s mortgage portfolio, strong Romanian legal framework for covered bonds as well as the bank’s resilience and stability. […]

Rating agency Moody’s Investors Service upgraded the long-term deposit rating of Alpha Bank Romania to Ba1 from Ba2, as well as the rating for the bank’s Baseline Credit Assessment (BCA) to ba3 from b1.   The outlook on the long-term deposit was changed to stable from positive. The rating action was triggered by a similar […]

Alpha Bank Romania introduces to the local market three investment funds part of Alpha (LUX) Global Funds, managed by Alpha Asset Management A.E.D.A.K., the Alpha Bank Group company specialized in fund management, and supervised by the Commission de Surveillance du Secteur Financier from Luxembourg.   Alpha (LUX) Global Funds incorporate environmental, social, and governance criteria […]

Viorel Vasile, Cards Unit Director at Alpha Bank Romania, will be a speaker in the first panel of BR’s upcoming re:FOCUS on eCommerce, Retail & Logistics, dedicated to eCommerce and the Courier Industry, where he will delve into important topics such as the newest trends in alternative payments methods and their impact on eCommerce, the Alpha Phone […]

Alpha Bank Romania has signed a collaboration protocol with Romania's Agency for Rural Investment Financing (AFIR) in order to speed up the absorption process of European funds allocated under the National Rural Development Program for the 2021-2022 transition period.

Alpha Bank Romania reaffirms its support to the agricultural sector by signing together with the Agency for Financing Rural Investments (AFIR) a collaboration protocol to accelerate the process of absorption of European funds allocated under the National Rural Development Program for the transition period 2021-2022.   “We support the implementation of projects with a European […]