What is the history of Alpha Bank?

Written by Editorial Team | Last Updated: August 2026

Alpha Bank traces its rich historical roots back to March 1918, when it was established as the Bank of Kalamata in Greece by founder John F. Costopoulos. Over more than a century of continuous operation, the institution expanded aggressively from a provincial merchant bank into a premier systemic financial powerhouse. It survived major historical conflicts, navigated post-war economic developments, and achieved public listing status on the Athens Exchange. Through strategic domestic acquisitions, regional expansion into Cyprus and southeastern Europe, and continuous digital modernization, it has evolved into one of the most resilient and influential pillar banks driving the modern Greek economy.

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