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Alpha
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EconomyBanking
Positive sentiment around banks continues to grow This year’s positive story around Greek banks is gaining momentum as systemic lenders appear to be leaving behind them the troubled era of the debt crisis and the sector is recording solid profitability hinged on the ECB’s tightening of monetary policy.
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EconomyBanking
Alpha's net interest income rises to 863.7 mln, up 48.5 pct YoY Alpha Bank reported a net profit of 302.6 million euros in H1 2023, compared to a profit of 238.6 million euros in H1 2022.
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EconomyBanking
Alpha Bank's normalised profit at 162 mln in Q1, NII jumps by 51 pct to 424 mln Alpha Bank reported a net profit of 111 million euros in Q1 2023, compared to a profit of 123 million euros in Q1 2022.
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EconomyBanking Lenders confident of being well-placed to overcome global banking sector turbulence Following last week’s turbulence in the global banking sector after the collapse of two banks in the US and trouble at Credit Suisse, the entire banking system, led by Bank of Greece governor Yiannis Stournaras tried to ensure that there is not a shred of doubt about the resilience of the Greek banking system.
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EconomyBanking After 2021 balance sheet clean-up, Alpha Bank turns profit of 398 mln in 2022 Alpha Bank reported a net profit of 398 million euros in 2022, compared to a loss of 2.91 billion euros in 2021.
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EconomyBanking Banks discover stress test assumptions, results due in July The European Banking Authority (EBA) announced this week the assumptions for this year’s stress tests. The process is expected to be completed in early summer, followed by the announcement of the results.
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EconomyBanking HFSF sets out bank divestment strategy, marking final chapter in turbulent story The Greek authorities moved a step closer last week to their objective of divesting the state’s share in the systemic banks through the Hellenic Financial Stability Fund (HFSF) after the publication of the divestment strategy that was compiled by Rothschild and was approved by the Finance Ministry at the end of last year.
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EconomyBanking
Alpha Bank profits of 92.7 mln in Q3 raise 9M income to 335.4 mln Alpha Bank reported a net profit of 335.4 million euros in 9M 2022, compared to a loss of 2.5 billion euros in the same period of 2021.
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EconomyBanking
Business transformation brings profit of 243 mln euros for Alpha Bank in H1 Alpha Bank reported a net profit of 243 million euros in H1 2022, compared to a loss of 2.33 billion euros in the same period of 2021.
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EconomyBanking
Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off Alpha Bank reported a net profit of 125 million euros in Q1 2022, compared to a loss of 282 million euros in the same quarter of 2021.