A
A

AlphaBank

Trade Ideas

Traders Sentiment

Technical Summary

Hourly

News

Greece's Alpha Bank swings to profit in 2022 on lower impairments

UPDATE 1-Greece's Alpha Bank swings to profit in 2022 on lower impairments Adds details, background ATHENS, March 15 (Reuters) - Alpha Bank ACBr.AT, Greece's third-largest lender by market value, reported a net profit last year after a loss in 2021 on lower loan impairment provisions. Alpha Bank, which is 9% owned by Greece's HFSF bank rescue fund, reported net earnings of 398 million euros ($427.37 million) versus a loss of 2.9 billion euros in 2021. Loan-loss provisions dropped 23% year-on-yea
A

Greece's Alpha Bank swings to profit in 2022 on lower impairments

Greece's Alpha Bank swings to profit in 2022 on lower impairments ATHENS, March 15 (Reuters) - Alpha Bank ACBr.AT, Greece's third-largest lender by market value, reported a net profit last year after a loss in 2021 on lower loan impairment provisions. Alpha Bank, which is 9% owned by Greece's HFSF bank rescue fund, reported net earnings of 398 million euros ($427.37 million) versus a loss of 2.9 billion euros in 2021. Loan-loss provisions dropped 23% year-on-year to 288 million euros.
A

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Rothschild; updates Newmont Feb 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2 045 GMT on Monday: * * In a show of confidence that strengthens the Rothschild family's grip on its Paris-listed investment bank, the financial dynasty said it plans to take Rothschild & Co ROTH.PA private.
N
R
T
A

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Sibanye-Stillwater, Mercedes-Benz, Abbvie, Alpha Bank Updates: Metro Pacific Investments Corp Feb 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Monday: ** Sibanye-Stillwater SWJ.J is not interested in gold mergers and acquisitions, CEO Neal Froneman said, after Newmont's $16.9 billion bid for Newcrest increased the pressure on gold miners to consolidate.
N
R
T
A

Greece's Alpha Bank sells real estate assets to Dimand and Premia

Greece's Alpha Bank sells real estate assets to Dimand and Premia ATHENS, Feb 6 (Reuters) - Alpha Bank ACBr.AT , one of Greece's four largest lenders, has agreed to sell real estate assets to Dimand S.A. and Premia Properties, the bank said on Monday. The consortium will acquire 65% of Alpha Bank's estate portfolio, which is valued at 438 million euros.
A

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.