Through this cooperation, the Alpha Bank It reinforces its initiatives to support private and medium -sized enterprises, expanding their access to modern and differentiated financial services through an extensive network 1.100+ Natural Service Points.
At the same time, for the ELTAthis collaboration is an important pillar of the strategic transformation they have developed, enabling them to offer modern banking and other solutions, and thus to extend the activity beyond other traditional postal services, according to international best practices.

As part of their cooperation with Alpha Bankthe ELTA They will offer a wide range of banking services, such as deposit products, payments, capital transfers, loans, as well as other specialized financial solutions, such as insurance & investment products. These new features will be gradually introduced in all ELTA stores, starting in the second half of 2025.
In a second stage, as the ELTA reinforce their activity in areas such as e -commerce and logistics, cooperation with Alpha Bank It will be extended, covering new, embedded finance products such as funding (Buy -Low, Pay – Later), capabilities predictive you have For better preference -based transaction support, as well as Factoring services, utilizing its know -how and technological capabilities Flexfinfollowing her acquisition by Alpha Bank.
OR Alpha Bank will be the sole provider of banking and financial services through the network of ELTAwith the exception of providing accounts for accounts and daily transactions, which may also be available for customers of other banks.
In addition to boosting citizens’ access to modern financial services, cooperation creates new sources of liquidity and revenue for both parties, while providing for a clear timeline of rapid implementation, with low costs.
This is a collaboration that is fully aligned with its strategic commitment Alpha Bank For the implementation of targeted commercial or other strategic agreements or acquisitions that ensure long -term, sustainable and substantive returns to shareholders, while enhancing the value it creates in society, the announcement concludes.
Mitsotakis: It is recommended to identify and sealed the changes made to ELTA
For its part, the government welcomes the strategic agreement between ELTA and Alpha Bank for jointly providing banking services throughout Greece. The prime minister Kyriakos Mitsotakis and the relevant ministers were informed today of the completion of the negotiation at a meeting held at the Maximus Mansion.
As the prime minister pointed out, the agreement is a recognition and sealing of the changes made to ELTA in recent years. It contributes to the conversion of an once deeply troubled company to a company that can attract one of the systemic Greek banks as a strategic partner, which includes one of the largest financial bodies in Europe, Unicredit.
This agreement will make a significant contribution to the government’s policy to enhance the inclusion of elderly citizens, small and medium -sized region and remote communities in the stable provision of banking services.
The postman, as a familiar person in every citizen and every home, in combination with local postal annexes as places of service across the country, are now transformed into a development axis that facilitates local economic activity, using new technologies, new digital tools and the possibility of using innovative banking services.
The distances are now getting smaller. Every citizen and small business has access to the well -known postal and new banking service with ELTA Next to him, when today about 1.1 million citizens are estimated that they do not have access to a bank branch within a radius of less than 10 kilometers.
ELTAs are open to other such partnerships as well as for further modernization initiatives.
At today’s meeting, the government’s vice president took part in the government’s part of the government Kostis Hatzidakisthe Minister of National Economy and Finance Kyriakos Pierrakakis and the head of the Prime Minister’s financial office Michalis. The Bank of Greece Deputy Commander also participated Christina Papaconstantinouthe Chief Executive Officer of the Treasury Giannis Papachristouthe CEO of ELTA Gregory Sklikas, Alpha Bank’s CEO Vassilis and Alpha Bank’s Deputy Managing Director Lazaros parrot.
Source: Newmoney
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