What is the value of the acquisition deal?

Alpha Bank has agreed to buy AstroBank for approximately 200 million euros.

When is the transaction expected to conclude?

The acquisition is expected to be finalized in the last quarter of 2025.

How many branches does AstroBank have?

AstroBank operates 15 branches across Cyprus.

What are the total deposits and loans of AstroBank?

AstroBank has 2.2 billion euros in deposits and 800 million euros in loans.

Which unit of Alpha Bank will handle the acquisition?

The transaction will be conducted through Alpha Bank Cyprus, which is the bank's unit in Cyprus.

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Home > Finance > Greek Alpha Bank agrees to buy Cypriot Astrobank

Finance

Greek Alpha Bank agrees to buy Cypriot Astrobank

Published by Global Banking & Finance Review®

Posted on February 27, 2025

1 min read

Last updated: January 25, 2026

Greek Alpha Bank agrees to buy Cypriot Astrobank - Finance news and analysis from Global Banking & Finance Review

Greek Alpha Bank agrees to buy Cypriot Astrobank

Quick Summary

Alpha Bank Finalizes Agreement to Acquire AstroBank in Cyprus

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