ALPHA BANK: Takes the lead in the allocation of the RRF Fund

Alpha Bank confirms its role as a critical partner of Greek businesses for a prosperous and
sustainable future through its active participation in the national effort to utilize best the funds made
available by the Recovery & Resilience Facility (RRF).


The Bank invites businesses wishing to receive credit in the context of the RRF to submit their
applications for the financing of their investment projects. With the successful completion of the
first growth-oriented Share Capital Increase in the Greek banking system since 2009, Alpha
Bank is taking the lead in the new era marked by the National Recovery and Resilience Plan
“Greece 2.0”, actively supporting the growth and modernization of Greek businesses and the
transition of the Greek economy to a new sustainable, digital and extroverted growth model.


Supporting everything that means Progress throught 2021


In 2021 the Bank provided new financings to businesses of approximately Euro 5 billion– from
the smallest company to landmark transactions. Illustrative projects include,

  • • the arrangement and syndication of long-term financing facilities for Olympia Odos (incl.
  • the expansion of the Patras-Pyrgos branch of the motorway) and the Waste Management
  • PPP in the Peloponnese,
  • • the bilateral financings of Astir Palace, and a portfolio of five hotel units acquired by
  • Blackstone in Greece,
  • • urban regeneration projects – such as the Piraeus Tower and the historic MINION
  • building


as well as numerous financing arrangements for small and medium-sized enterprises active in critical
sectors of the economy and newly emerging areas of business activity.


At the same time, Alpha Bank assisted its corporate customers in raising over EUR 3 billion from
the Greek and international capital markets and advised on major transactions, such as the
privatizations of the Egnatia Motorway and DEPA Infrastructure.


Alpha Bank General Manager – Wholesale Banking, Ioannis Emiris, made the following
statement:


“Over the last two years, Alpha Bank disbursed more than Euro 10 billion to the Greek economy,
remaining a stalwart supporter of entrepreneurship and every initiative that is synonymous with
Progress and Change. The co-financing with the RRF is another landmark in Alpha Bank’s
longstanding, consistent and effective horizontal support to the Greek economy. Alpha Bank will
continue to act not only as a lender but as a trusted partner and advisor to all businesses that will opt
to take advantage of the “Greece 2.0” opportunities for their further growth and modernization.


Press Release

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