Alpha Bank has recently completed a series of roadshows which, for the first time, included presentations in a number of Asian financial centers. Senior management visited Tokyo, Hong Kong and Singapore, in addition to the more traditional European and North American markets.

The presentations, which were well received, covered in particular Alpha Bank?s profitable track record and growth prospects, brought about by its penetration of high-spread retail business and its success in cost containment through restructuring. Moreover, the progress and outlook of the Greek economy, especially post-Olympics, as well as the prospects for the Greek banking system, were analyzed and discussed.

This broadening in scope of the Bank?s roadshows is consistent with its increasing scale, and was in response to demand from institutional investors in these markets. Already, foreign institutional shareholders hold approximately 28% of Alpha Bank?s shares in issue. Over the past 12 months, Alpha Bank has visited a large number of institutional investors in North America (New York, Boston, Philadelphia, Austin, San Francisco, San Diego, Denver etc.), as well as European financial centers such as London, Paris, Frankfurt, Milan etc.

Commenting, Marinos Yannopoulos, Executive General Manager and CFO of Alpha Bank, said: 'We are very pleased with the positive response that we received during these roadshows. We believe that this is in recognition of our strong focus on increasing shareholder value and the success we have achieved to date, as well as our prospects for the future, in terms of profitable growth.'