Alpha Bank posts net loss of 2.04 bln in Q2 after booking Galaxy Project securitization

EconomyBanking Tags: Alpha, Banking, Results
Photo by MacroPolis
Photo by MacroPolis
Alpha Bank reported a net loss of 2.04 billion euros for the second quarter (Q2) of 2021, compared to a loss of 282.2 million euros in Q1, after booking losses from its Galaxy NPE portfolio securitization.

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