The distortions in the domestic banking system are linked to the institutional ambiguities that govern the supervision of the commercial banks and the Coops, Alpha Bank (Cyprus) CEO, Kostas Kokkinos said.
Costopoulos praised Costas Kokkinos for making “Alpha Bank one of the big four in Cyprus.” – Alpha Bank Cyprus Chairman said that they wish to accelerate growth, expand the branch network to 40 and lift the market share by 1% annually. Cyprus is a role model for the Group when it expands into other countries.
Entered the INBusiness magazine POWER LIST 100+ (most powerful men in Cyprus for 2006) – “Mr. Kokkinos managed to get Alpha Bank back on the right track. Cyprus trusts Mr. Kokkinos who managed to prove his skills and capabilities in the best possible way.”
Alpha Bank, the Greek financial giant with a 10% grip on local loans, aims to lift its share of the market to 12% by 2010, taking advantage of its competitive pricing policy and flexibility, according to its Managing Director in Cyprus, Costas Kokkinos.