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flag UniCredit boosted its stake in Greece’s Alpha Bank to 29.5% with ECB approval, aiming to boost profits by 2026.

flag UniCredit has raised its stake in Greece’s Alpha Bank to about 29.5% by buying financial instruments at a discount, following ECB approval to increase ownership up to 29.9%. flag The move, part of a broader strategic partnership since late 2023, allows UniCredit to consolidate Alpha’s earnings, temporarily lowering its capital ratio by roughly 80 basis points. flag The investment, similar to its approach with Germany’s Commerzbank, aims to boost financial results starting in 2026 through expanded services in asset management, insurance, and payments.

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