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Alpha Bank's normalised profit at 162 mln in Q1, NII jumps by 51 pct to 424 mln
EconomyBankingAlpha Bank reported a net profit of 111 million euros in Q1 2023, compared to a profit of 123... percent year-on-year, from 281 million in Q1 2022. Net fee and commission income was 88 million euros... in 2022. Balance sheet The Group’s net loans amounted to 38.2 billion euros in Q1, from 37.8 billion
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Credit growth slows to 3.9 pct in Apr, flow negative at 789 mln
EconomyMacroeconomy. The net lending flow was negative by 789 million euros in April, after a rise of 1.22 billion euros.... The corporate lending balance’s net monthly flow was negative by 582 million euros, after a rise of 1.24... to insurance corporations showed a net monthly outflow of 141 million euros. This took the balance
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Credit growth slows to 3.1 pct in May, as flow to corporations contracts
EconomyMacroeconomythe trend had been declining since and May was half the previous high. The net lending flow...’s net monthly flow was negative by 170 million euros, after a contraction of 582 million euros... a net monthly inflow of 164 million euros. This took the balance to 7.74 billion euros. Credit to sole
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Growth in credit expansion slows further to 2.8 pct in Jun
EconomyMacroeconomythe trend had been declining since and June is less than half the recent high. The net lending flow... billion euros in May. The corporate lending balance’s net monthly flow was positive by 1.63 billion euros.... Credit to insurance corporations showed a net monthly inflow of 234 million euros. This took
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Credit expansion slows to 1.2 pct in July as corporate loans contract
EconomyMacroeconomy, the trend had been declining since and July is one third of the recent high. The net lending flow... billion euros in June. The corporate lending balance’s net monthly flow was negative by 1.23 billion euros.... Credit to insurance corporations showed a net monthly outflow of 28 million euros. This took
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Positive sentiment around banks continues to grow
EconomyBankingbeen reporting very strong earnings, with net income at 1.7 billion euros by the end of H1, assisted by wide interest margins and net interest income at 3.74 billion euros. This came on top of very..., thanks to strong net interest income of close to 5.5 billion euros. Throughout the year, the sector has
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Alpha Bank NII jumps by 46 pct YoY in 9M, reaching 1.34 bln
EconomyBankingAlpha Bank reported a net profit of 491 million euros in 9M 2023, compared to a profit of 309... NII was 1.34 billion euros in 9M, up by 46 percent year-on-year, from 919 million in 9M 2022. Net fee... million euros, from 198 million in 2022. Balance sheet The Group’s net loans amounted to 38.8 billion
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Pace of credit growth picks up in Nov, at 2.8 pct, led by loans to insurance companies
EconomyMacroeconomy, however, the trend had been moderating since. The net lending flow was positive by 792 million euros... in October. The corporate lending balance’s net monthly flow was positive by 777 million euros, after a drop... to insurance corporations showed a net monthly inflow of 692 million euros. This took the balance to almost
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Credit growth accelerates to 3.6 pct in Dec, led by loans to corporations
EconomyMacroeconomy, and the 0.9 percent of August 2023. The net lending flow was positive by 3.89 billion euros, after a flow... lending balance’s net monthly flow was positive by 3.8 billion euros, after a rise of 777 million euros... showed a net monthly inflow of 919 million euros. This took the balance to 8.91 billion euros. Credit
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Credit expansion slows in Jan with 2.73 bln outflow
EconomyMacroeconomy, the trend had been moderating, although it did accelerate over the second half of last year. The net... to 115.63 billion euros, from 118.41 billion euros in December. The corporate lending balance’s net monthly.... The balance stood at 65.42 billion euros. Credit to insurance corporations showed a net monthly outflow
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