Greece

BEST BANK
Alpha Bank

BEST DEBT HOUSE
Deutsche Bank

BEST EQUITY HOUSE
Cantor Fitzgerald

BEST M&A HOUSE
CSFB

National Bank of Greece still dominates the local banking sector in terms of size but Alpha Bank wins the best bank award this year for its impressive growth story. Net profits for 2004 increased by an impressive 45% to €412 million, compared with €284 million in 2003. Investment banking business remained rather subdued during 2004, but its retail operations are still a key driver of profitability.