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

Capt. John

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...

https://www.hellenicshippingnews.com/greeces-alpha-bank-swings-to-profit-in-2022-on-lower-impairments/

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