Eurobank completes takeover of Alpha Bank's Bulgarian branch

Eurobank and Alpha Bank on Tuesday announced the completion of an acquisition of Alpha Bank’s branch in Bulgaria by Eurobank’s subsidiary in the country, Eurobank Bulgaria AD (Postbank).

Following the completion of the acquisition, Postbank becomes the fourth largest bank in Bulgaria, based on deposits and loans and was looking forward to further enhance its position in the Bulgarian market and to expand its customer base in the retail banking and corporate banking sectors.

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