Alpha Bank

Tirana, Albania Founded: 1998 • Age: 28 yrs Acquired By OTP Bank
Commercial bank
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About Alpha Bank

Alpha Bank is a company based in Tirana (Albania) founded in 1998 was acquired by OTP Bank in December 2021.. Alpha Bank operates in a competitive market with competitors including Scotiabank, Raiffeisen Bank, Intesa Sanpaolo Bank Albania, Banka Kombetare Tregtare and CREDINS Bank, among others.

  • Headquarter Tirana, Albania
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    OTP Bank

    (Dec 06, 2021)

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Funding Insights of Alpha Bank

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Alpha Bank

Alpha Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include OTP Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
OTP Bank is engaged in providing banking and financial services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Alpha Bank

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Alpha Bank

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Alpha Bank Comparisons

Employees
+
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Competitors of Alpha Bank

Alpha Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, Raiffeisen Bank, Intesa Sanpaolo Bank Albania, Banka Kombetare Tregtare and CREDINS Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Commercial banking services are provided in Albania.
domain founded_year HQ Location
Offers banking accounts, loans, cards, and digital services to individuals and businesses.
domain founded_year HQ Location
Provides banking services including accounts, loans, deposits, and digital payments in Albania.
domain founded_year HQ Location
CREDINS Bank provides commercial banking services, including deposits, loans, and payments.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Alpha Bank

Frequently Asked Questions about Alpha Bank

When was Alpha Bank founded?

Alpha Bank was founded in 1998.

Where is Alpha Bank located?

Alpha Bank is headquartered in Tirana, Albania.

Who is the current CEO of Alpha Bank?

Georgios Papanastasiou is the current CEO of Alpha Bank.

What does Alpha Bank do?

Alpha Bank, established in 1998 and currently in Acquired stage, focuses on offering financial products and advice, banks, and commercial banks. Commercial bank. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Alpha Bank?

Alpha Bank's top competitors include Scotiabank, Raiffeisen Bank and Tirana Bank.

Who are Alpha Bank's investors?

Alpha Bank has 1 investor. Key investors include OTP Bank.

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