Alpha Bank: Vote of confidence in the growth prospects of Thessaly

The Management of Alpha Bank, led by the CEO Vassilis Psaltis and the participation of the General Manager of Wholesale Banking Giannis Emiris and the Managers of Commercial Banking, Business Centers and Branch Networks, made a three-day tour in the regional units of Larissa and Magnesia.

Alpha Bank‘s staff had meetings with the managements of seven leading business groups in the region, in the context of the implementation of its ambitious credit policy, which aims at the net channeling of resources over Euro 8 billion in the Greek economy over the next three years.

Besides, Thessaly, in addition to its leading role in the agri-food sector, has a business potential characterized by a high degree of innovation and extroversion, in the sectors of trade, tourism and industry. The mobilization of the financial resources of the Recovery Fund, the NSRF and the Development Law creates the conditions for the implementation of high value-added investment projects that will create new jobs and dynamic growth for the local and national economy.

The CEO of the Alpha Bank Group, Vassilis Psaltis, stated:

“The determination, the extroversion but also the resilience of the entrepreneurship of Thessaly and the wider Greek Region, despite the difficult international situation, are a reason for optimism for the
next day of the Greek economy. At the same time, they are a reason to reaffirm our commitment as Alpha Bank to support the Progress of businesses in our country, not only the large but also the small and medium firms that are the backbone of our economy. Thessaly, a dynamic Region where large urban centers coexist, the developed agri-food sector, Services, Education, Tourism and the production of industrial products aimed at international markets, can star in this new development page for the Greek economy. Having the privilege of being on the side of Greek entrepreneurship over time, at Alpha Bank we actively support businesses, either to use the resources of the European Funds and to take the decisive step towards their growth, modernization and smooth transition to a sustainable , a green growth model, or by providing them with working capital in order to meet the increased liquidity needs of the period “.

Economic growth of Thessaly

According to a relevant announcement, the Alpha Bank Group is steadily registering its presence in the effort for the economic and social development of Thessaly, financially supporting the development of infrastructures as well as the investment plans of companies from all sectors of the economy.

Among other things, in recent years, Alpha Bank has played a leading role in the financing of the Central Greece Highway (E-65) with a total length of 238 km that crosses the plain of Fthiotida, the Thessalian plain and the river Pinios, passing near the cities of Karditsa, Trikala, Kalampaka to finally join the Egnatia Odos in the Pindos Forest. The Bank also participated in the financing of the company Aegean Motorway SA. for part of the PATHE highway from Raches in the prefecture of Fthiotida to Klidi Imathia, the section of P.E.O. and from the level junction of Evangelismos to the level junction of Leptokarya, with a total length of 264 km.

At the same time, Alpha Bank has a long relationship with the leading groups of Thessaly, consistently supporting the development of their business plans, including in the sectors of retail trade, industry, primary production and agri-food sector, in the production of industrial products, in food exports and renewable energy.

Especially for the prefectures of Larissa and Magnesia, through its Branches, the Bank serves approximately 168,000 Individuals and 1,100 Businesses, covering their investment, housing, consumer and business needs, while for the above two areas, the amount of the Bank’s loans by during 2021 reached Euro 616 million.

Practical support to Health Units

As part of the Alpha Bank Management tour in the Region of Thessaly, Vassilis Psaltis had a meeting with the Governor of Thessaly Konstantinos Agorastos during which it was agreed to include the Region of Thessaly in the program “Together, aiming at Health”, to cover health needs in 6 Health structures in the Prefectures of Larissa, Magnesia, Trikala and Karditsa.

The Bank already supports the University in Larissa, the General Hospital and the “KOUTLIMPANIO & TRIANTAFYLLIO” General Hospital , the Health Center of Larissa and the Hospital of Trikala, with donations for the renovation of building infrastructure and the supply of medical equipment, vehicles, consumables and equipment necessary for the treatment of covid-19. During his stay in Thessaly, the CEO of the Group visited, among other places, the Branch Network in Larissa and Volos and the Alpha Bank Business Center of Central Greece and Epirus, while he held a series of meetings with the Executives of the Bank, during which The conditions for accelerating the growth in the region were discussed, the further strengthening of the Group’s ties with the local community but also the full utilization of the new banking tools for the provision of personalized services of high added value to the Customers of Alpha Bank.