Postbank Signs MoU To Acquire Alpha Bank Bulgaria

News: Greece-based Eurobank's Bulgarian subsidiary Postbank has signed a memorandum of understanding on July 17 to purchase Alpha Bank Bulgaria, the Bulgarian branch network of another Greek lender Alpha Bank. With the deal, 'Postbank will strengthen its market position in the Bulgarian banking sector and expand its customer base in both the retail and corporate business banking segments,' said the Eurobank subsidiary on July 17 (Novinite.com). The financial terms of the deal were not...

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