GREECE BANK MERGERThe president of Eurobank EFG Efthimios Christodoulou ( L ) talks with the president of Alpha Bank Yannis Kostopoulos , during the press conference for the announcement of the merger of the two banks in Athens , Greece , 29 August 2011 . The boards of Athens - based Alpha Bank and Eurobank on Monday confirmed the two institutions ' pending merger , with the stock swap deal envisioning five Alpha Bank common shares for seven Eurobank common shares , according to initial reports . A Qatari fund will participate in the new bank , to be called Alpha - Eurobank , with 500 , 000 million euros . EPA / ALEXANDROS VLACHOS < 모바일 애플리케이션 > < 포토 매거진 >< 저작권자 ( c ) 연합뉴스 . 무단 전재 - 재배 포금 지 . >