Alpha Bank announced after-tax profits of 125.4 million euros in the first quarter of 2022

Alpha Bank announced after-tax profits of 125.4 million euros in the first quarter of 2022

Alpha Bank on Thursday announced after-tax profits of 125.4 million euros in the first quarter of 2022, with adjusted after-tax profits at 134 million.

Vassilis Psaltis, CEO of the bank, commenting on the first quarter results said they confirmed Alpha Bank's strong dynamism following completion of a restructuring plan. He noted that Alpha Bank was on the way to achieve its goals for 2022 and predicted that the NPE index will fall to single-digit rate in the second half of the year.

Psaltis said credit expansion totaled 1 billion euros, based on new loan disbursements of 2.4 billion euros in the first three months. Alpha Bank said commission revenue surpassed 100 million euros in the first quarter.

SEARCH

[%EVENTS_SIDEBAR%]
Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.