Alpha Bank's normalised profit at 162 mln in Q1, NII jumps by 51 pct to 424 mln

EconomyBanking Tags: Alpha, Banking
Photo by MacroPolis
Photo by MacroPolis

Alpha Bank reported a net profit of 111 million euros in Q1 2023, compared to a profit of 123 million euros in Q1 2022.

Normalised profit after tax for Q1 2023 was 162 million euros, from 131 million in the same period of 2022, a rise of 24 percent.

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