KIEV, March 28 - Greece's Alpha Bank expects to close the acquisition of 90% of Kiev-based Astra Bank in the second quarter, the Greek bank said in a press release.

Astra Bank's current shareholders will retain a 10% stake in the bank and remain in management, the release said.

The partners, in proportion to their stakes, plan to invest 130 million euros in the bank's capital to finance its business plan to 2010, Alpha Bank said.