Scope Ratings has reaffirmed Alpha Bank’s BBB issuer rating with a stable outlook, reflecting the bank’s strong market position, improved profitability, and solid capital buffers. The rating agency expects Alpha Bank to sustain a strong performance trajectory through 2028 while further strengthening its credit profile.

Scope highlighted the strategic impact of Alpha Bank’s recent acquisitions, including Alpha Trust, Flexfin, AXIA, and AstroBank, which are anticipated to boost the bank’s presence in wealth management, investment banking, and the Cyprus market. The bank's return on risk-weighted assets is forecasted to remain near 3% through 2028, alongside achievable targets to reduce non-performing exposures below 3% by the end of 2027.

Despite a decline in the Common Equity Tier 1 ratio to 15% in early 2026, primarily due to acquisitions and credit expansion, Alpha Bank maintains a comfortable capital buffer above supervisory requirements. The bank’s funding remains predominantly customer deposit-based, with over 80% of total funding, supporting a robust financial foundation as Alpha Bank continues to expand its capital market access.