This strategic transaction further strengthens Alpha Bank‘s presence in the Cypriot insurance market and supports the development of an enhanced integrated bancassurance platform, alongside the ongoing integration of Altius Insurance Ltd. and Universal Life Insurance Public Company Ltd.

Working alongside Chryssafinis & Polyviou Law Firm, which advised on Cypriot law matters, and in close cooperation with PANTELAKIS & PARTNERS , acting for the sellers, KG supported Alpha Bank in a transaction that reflects the continued dynamism of the financial services and insurance sectors in the region.

The KG team was led by Partners Konstantinos Vouterakos, Konstantinos Issaias and Vasileios Douzenis, with the valuable support of Counsel Zaphirenia Theodoraki and Senior Associate Athanasios Misirlis.

We thank Alpha Bank for its trust and are delighted to support a transaction that highlights the strength of our firm’s transactional, financial services and cross-border advisory capabilities.