REG - Alpha Bank A.E. - Announcement <Origin Href="NewsSearch">30.1.2017</Origin> <Origin Href="QuoteRef">ACBr.AT</Origin>

Alpha Services and Holdings SAAnnouncement

30/01/2017 15:55

RNS Number : 5019V
Alpha Bank A.E.
30 January 2017


Announcement [30.1.2017] 
Alpha Bank A.E. (the "Bank") announces that it has agreed with the Serbian MK Group of companies, on the sale of its 100% stake in the share capital of Alpha Bank Srbija A.D. The transaction is subject to customary regulatory approvals.
The sale of Alpha Bank Srbija A.D. is expected to be capital ratio and liquidity accretive for the Bank and contributes towards, and is fully consistent with, the execution of its Restructuring Plan.

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