Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Alpha Services and Holdings SA (ADR) (PK:ALBKY)

Business Focus: Banks

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.