Alpha Bank Enters into Definitive Agreement with Davidson Kempnerover Euro 10.8 Billion Galaxy Portfolio and 80% in Cepal Holdings
Second largest rated NPE securitization in Europe at Euro 10.8 billion GBV Landmark transaction significantly de-risks Alpha Bank’s balance sheet while maintaining market-leading capital position Alpha Bank’s NPE ratio and NPL ratio in Greece will fall to 24% and 13% respectively Davidson Kempner acquires 80% of Cepal Holdings and 51%......