Alpha Bank London savings rates — compare every account, plus switch offers and guides

Who they are

Alpha Bank London was established in 1922 and is a UK-regulated bank. Its roots trace back to Greece in 1879, where the parent group began life as a small bank in Kalamata before growing significantly through the first half of the 20th century. The group's presence in London began in 1989 with a Representative Office, becoming a full branch by 1994, when Alpha Bank also acquired the Commercial Bank of London, strengthening its ties to the Greek and Cypriot communities in the UK. Today it operates from King William Street in the City of London.

The bank provides a range of banking and investment products delivered through its Private Banking Unit, and is also active in UK residential and commercial property markets, offering structured property finance solutions through its Real Estate Finance Unit. It is a specialist, relationship-focused bank rather than an everyday high-street name.

Savings accounts

The DepositScout data for Alpha Bank London does not currently include any listed savings products. The bank is noted elsewhere as offering products including savings accounts and time deposit accounts, but because we hold no current rate data for Alpha Bank London, we are not able to make any specific comparisons here. If that changes, this page will be updated.

FSCS protection

Alpha Bank London Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Your eligible deposits with Alpha Bank London Limited are protected up to £85,000 by the Financial Services Compensation Scheme - the standard UK deposit protection limit applied to the total of all eligible deposits you hold with the bank. That is a separate licence from the Greek parent group, so your UK savings protection stands on its own footing.

Is it right for you?

Alpha Bank London is a niche private bank with a long history and a clear specialism in serving internationally minded, high-net-worth clients - particularly those with connections to Greece or Cyprus. It is not a mass-market savings provider, and right now DepositScout does not have savings rate data to help you compare it directly against the wider market.

If you are a regular saver shopping around for the best easy access or fixed-term rates, there are likely more competitive options listed elsewhere on this site. Check the live rates shown on this page for the most up-to-date picture before making any decision.