The second-biggest Greek bank by total assets is Alpha Bank, which has the largest market value at €2.13 billion (as of 4 December 2018). It has branches and subsidiaries in London, England, as well as branches and subsidiaries in Albania, Cyprus, and Romania. It was established in 1879, and the Costopoulos family has been in charge of it ever since. [Reference needed] Prior to his passing on March 9, 2021, Ioannis Costopoulos, the nephew of Stavros Costopoulos and the grandson of the company’s original founder John F. Costopoulos, served in a number of significant roles as the government of Georgios Papandreou’s foreign minister. “en”.
John F. Costopoulos founded a modest business in Kalamata in the year 1879. In 1918, the banking division of the “J.F. Costopoulos” company adopted the name Bank of Kalamata. In 1924, the bank changed its name to Banque de Credit Commercial Hellenique and relocated its headquarters to Athens. On November 2, 1925, the bank became public on the Athens Exchange.
Ionian Popular Bank’s 51% of the shares were purchased by ACB in 1999, and the bank was integrated by ACB in 2000. Additionally, it changed its name to Alpha Bank. In 2002, a merger attempt between Alpha Bank and the National Bank of Greece failed.