Nov 13, 2019
Meanwhile during a rainy morning in Athens... People protest the e-auction of foreclosed homes outside the police-guarded HQ of Alpha Bank.
Source: Savvas Karmaniolas - @savvaskarma
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Meanwhile during a rainy morning in Athens... People protest the e-auction of foreclosed homes outside the police-guarded HQ of Alpha Bank.
Source: Savvas Karmaniolas - @savvaskarma
Outrage among the inhabitants of three remote islands in the Southern Aegean Sea after Alpha Bank announced it will close its branches on September 14. Locals and tourists will not only be able to carry out banking transactions on the islands of Tilos, Lispoi and Kassos. They will also not be able to withdraw money from ATMs as they will be removed as well.
For bank transactions locals will have to travel to the islands of Leros, Karpathos and Ialyssos on the island of Rhodes, the bank said.
It should be noted that Alpha is the only bank with branches on Tilos, Lipsoi and Kassos and the branches closure will leave the remote islands without a bank.
The bank decision has angered not only their local communities who say that they are treated like “second class citizens.”
Speaking to Skai TV on Friday morning, Mayor of Lispoi Fotis Magkos condemned the decision saying people will have to travel 2 to 3 hours by sea and under severe weather conditions especially in winter to reach a bank.
He underlined that some transactions maybe possible via e-banking, however, for some there is need for physical presence. “Think also of all the elderly residents,” he added.
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