The successful trajectory of Alpha Bank and the attainment of the strategic objectives for the 2023-2025 period were key highlights in Dimitris Tsitsiragos’s address as chairman of the board.
Despite facing external challenges and global uncertainties, Alpha Bank not only met its strategic goals but also reinforced its leading market position through structural reforms and enhanced customer relationships, he emphasized.
Discussing the bank’s strategic development, the chairman highlighted the expansion of investment opportunities and the strengthening of partnerships with significant domestic and international players, noting that 2024 will be crucial for advancing the bank into new markets and sectors.
“Our aim is to robustly support the Greek economy by increasing loan volumes and achieving sustainable growth in commission income, all while ensuring that earnings per share continue to rise steadily. We are committed to enhancing shareholder returns and providing an exceptional service experience to our customers, positioning Alpha Bank at the forefront of the European banking sector,” he stated.
In line with this strategy, Alpha Bank has successfully completed major acquisitions and investments. The purchase of AstroBank in Cyprus and FlexFin and AXIA Ventures in Greece has bolstered its regional presence and allowed for diversification of its product offerings. The bank’s strategy prioritizes strengthening its footprint in technology and financial services to foster innovation and support small and medium-sized enterprises. Acknowledging the ongoing uncertainty in the international landscape and its impact on financial stability, Tsitsiragos remarked, “While the global environment presents challenges, Alpha Bank is prepared to navigate them. Through strategic initiatives and swift adaptability, we have enhanced our balance sheet’s resilience and laid strong foundations for the future.”
