Institutional Investors
176,368,926 New Shares were subscripted for by the Engineers and Public Works Contractors Fund (TMEDE)
Out of the total of these loans to NFCs, an amount of €15,650 million corresponds to loans to small and medium-sized enterprises.
Their favorable estimates for Alpha Bank are based on the decisive steps taken by the bank’s management with a strategic goal of a return on equity of 10% by the end of 2023.
In particular Greece’s GDP is projected to increase by 6.7% in 2021 and just under 5% in 2022, before growth moderates in 2023.