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Alpha Bank completes sale of Macedonian unit

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Alpha Bank completes sale of Macedonian unit

Alpha BankAE on May 10 completed the 100% sale of Macedonian unit to Silk RoadCapital, following the receipt of regulatory approvals.

Alpha Bank noted that the transaction, which is part of thebank's restructuring plan, is capital neutral for the lender.

Silk Road Capital is a company owned by a Swiss privateinvestor.