The memo discusses the current state and future prospects of Greek banks, particularly focusing on Alpha Bank. It highlights the potential for Greek banks to align with European peers in profitability by 2018 due to sector consolidation, asset disposal, and efficiency savings. Alpha Bank is noted for its less complex restructuring and recent capital raise. The memo also covers details about Alpha Bank's warrants and their potential value.
doj/DataSet10/EFTA01447565.pdf
{"key_people":["Nav Gupta"],"document_type":"correspondence","key_locations":["London","Greece"],"document_subtype":"memo","key_organizations":["Alpha Bank","Eurobank","National Bank of Greece","Piraeus","Deutsche Bank AG"]}