After 2021 balance sheet clean-up, Alpha Bank turns profit of 398 mln in 2022

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After 2021 balance sheet clean-up, Alpha Bank turns profit of 398 mln in 2022

EconomyBanking 16/03/2023 - 09:54 Tags: Alpha, Banking

Alpha Bank reported a net profit of 398 million euros in 2022, compared to a loss of 2.91 billion euros in 2021.

The 2021 results were impacted by the bank’s business transformation, higher impairments and transactions related to the balance sheet clean-up for a total of 3.2 billion euros.

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