Following the successful completion of the international book building
process for the €1.2 bn Alpha Bank share capital increase and €1.75 bn
Piraeus Bank share capital increase, as well as the fact that
approximately €5.5 bn were offered in total by international investors,
Mr Michalis Sallas, Chairman of Piraeus Bank, stated the following:
“We would like to thank the international investment community for its great response and its trust towards the prospects of Piraeus Bank, the Greek banking sector and the Greek economy. We would like to congratulate Alpha Bank for its big success in the share capital increase process. We believe that both capital raises are of historical importance for the Greek banking market and will contribute significantly to the recovery effort of the Greek economy”.