Cyprus Business Now: Alpha Bank, mall property sale, Hellenic Bank, startups

The legal merger between Eurobank and Hellenic Bank is expected to be completed within the first quarter of 2025, with the final step, the operational merger, scheduled to take place over the following two years.

According to Eurobank Holdings’ latest financial results, the bank recorded a €99 million contribution to its net profits from acquiring an additional stake in Hellenic Bank during the second half of 2024.

Following the mandatory