The founders of the company maintain the remaining 40%.

The completion of the demerger is subject to the required approvals.

Alpha Bank’s performance has been strong and financial results reveal the strengths of the Greek franchise, according to the bank's statement.

Gross Profit in Q1’22 amounted to €74.9m, increased by 49.7% compared to Q1’21 (€50.1m).

The commercial real estate market in Greece has stabilised but remains depressed.

It is noted that Bidding opened on May 23 at 14:00:00 and ends on July 28, 2022 at 14:00:00.

Operations in the facilities of the historic industry has been ceased in 1991 and now are expected to be revived.