Alpha Bank SA (ACBr.AT)
Thu, May 30 2019
ATHENS Greek lenders Alpha and Eurobank reported a drop in profit in the first quarter on Thursday, hurt by lower trading gains and a fall in net interest income.
* Eurobank posts 43% fall in Q1 profit (Adds Eurobank results)
ATHENS, May 30 Alpha Bank turned profitable in January-to-March, helped by lower provisions for impaired loans and a drop in operating costs, Greece's fourth-largest lender by assets said on Thursday.
(Refiles to add topic code) Alpha Bank’s subsidiary in Romania has successfully completed its inaugural Euro 200 million covered bond issue, as part of its recently established Euro 1 billion direct issuance Global Covered Bond Programme. This is the first ever covered bond issue from a Romanian bank and marks a milestone for both Alpha Bank Romania and the Romanian Capital Markets. The issued covered bond, has a 5-year tenor, pays a floating rate coupon, and is backed by prime Romanian resident
* Alpha Bank swings to 0.4 mln euro loss in Q4 (Adds details, CEO comment)
ATHENS, March 28 Alpha Bank was loss-making in October-to-December on weaker trading gains compared to the third quarter and higher credit-loss provisions, Greece's fourth-largest lender by assets said on Thursday.
ATHENS, Feb 7 Alpha Bank has added two new positions, chief legal officer and head of international operations, to its executive committee, Greece's fourth-largest lender said on Thursday.