Alpha Bank Recap

completed

The project consists of a straight equity investment by IFC of EUR60 million in Alpha Bank A.E. (“Alpha Bank” or the “Bank”) to support the recapitalization of the Bank by participating in a private placement in the form of an Accelerated Bookbuilding (“ABB”) in accordance with the Recapitalization Framework.Founded in 1879 by the Costopoulos family, Alpha Bank is the oldest banking group in Greece and the second largest with a market share of 23% by customer loans. It offers a complete range of banking services, including retail, SME and corporate banking, as well as wealth management. The Bank’s international footprint includes five SEE markets (Romania, Cyprus, Serbia, Albania and FYROM) with approximately 85% of the business concentrated in Romania and Cyprus where Alpha Bank enjoys a strong position. As of September 30, 2015, Alpha Bank had total assets of €69.8 billion, total customer deposits of €30.5 billion and total net loans of €47.0 billion. The Bank’s Common Equity Tier I ratio as of the same date was 12.5% (fully-loaded 11.8%).