Sector: Financials | Industry: Banks |
Company Contact | |
Address: | 40 Stadiou Str. ATHINA 102 52 |
Tel: | N/A |
Website: | https://www.alphaholdings.gr |
IR: | See website |
Key People | ||
Vassilios E. Psaltis Chief Executive Officer, Executive Member of the Board of Directors | Isidoros S. Passas Chief of Retail Banking | Lazaros A. Papagaryfallou Chief Financial Officer |
Stefanos N. Mytilinaios Chief Operating Officer | Fragiski G. Melissa Chief Human Resource Officer | Spiros A. Andronikakis Chief Risk Officer |
Spyros N. Filaretos Chief of Growth and Innovation, Executive Member of the Board of Directors | Ioannis M. Emiris Chief of Wholesale Banking | Georgios V. Michalopoulos Chief of Wealth Management | Sergiu-Bogdan A. Oprescu Chief of International Network |
Business Overview |
Alpha Services and Holdings SA, formerly Alpha Bank SA is a Greece-based banking institution. The Company offers corporate and retail banking, financial services, investment banking and brokerage services, insurance services, real estate management and hotel services. It operates under business segments such as Retail Banking, which offers deposit products, loan facilities, debit and credit cards; Corporate Banking, which offers working capital facilities, corporate loans, and letters of guarantee, leasing products and factoring services; Asset Management/Insurance, which consists of a range of asset management services as well as insurance products; Investment Banking/Treasury, which includes stock exchange, advisory and brokerage services related to capital markets, investment banking facilities, activities of the Dealing Room in the interbank market; South-Eastern Europe, which consists of the Bank's branches and the Group's subsidiaries, which operate in South-Eastern Europe. |
Financial Overview |
For the three months ended 31 March 2024, Alpha Services and Holdings SA (ADR) interest income increased 44% to EUR1.05B. Net interest income after loan loss provision increased 33% to EUR346.2M. Net income before extraordinary items increased from EUR91.4M to EUR194.7M. Net interest income after loan loss provision reflects Other segment increase from EUR2.5M to EUR30.3M, Medium & Large Business segment increase of 15% to EUR165.2M. |