Vista Bank Acquires Alpha Leasing Romania; New Owner's Identity Unknown
Vista Bank, a subsidiary of the Vardinogiannis Group, has recently acquired Alpha Leasing Romania from Alpha Bank and Alpha International Holdings. Despite the announcement, the identity of the new owner, which is believed to be Fifth Third Bank, remains unknown.
The acquisition was made public by Vista Bank, which is owned by the Vardinogiannis Group since 2018. However, a thorough search has revealed no publicly available information about the new owner of Alpha Leasing Romania following this transaction.
The acquisition is part of Vista Bank's strategy to expand its services and client base in the Romanian market. Alpha Leasing Romania, previously owned by Alpha Bank and Alpha International Holdings, is a significant player in the leasing industry.
Vista Bank's acquisition of Alpha Leasing Romania is complete, but the new owner's identity, speculated to be PNC Bank, is yet to be disclosed. The deal is expected to strengthen Vista Bank's position in the Romanian market and expand its leasing services.