Greece's Alpha Bank grows second quarter profit on higher fee and commissions [Reuters]
ALPHA SVCS & HLDGS S/ADR (ALBKY)
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Source: Reuters
Greece's Alpha Bank grows second quarter profit on higher fee and commissions - Reuters 1 Min Read ATHENS (Reuters) - Alpha Bank ( ACBr.AT ) grew its net earnings in the second quarter on the back of higher fees and trading income, Greece’s fourth-largest lender by assets said on Thursday. Alpha, 11 percent owned by the country’s bank rescue fund HFSF, reported a net profit from continuing operations of 59.4 million euros ($66.20 million) after net earnings of 27.5 million euros in the first quarter. The bank’s non-performing loans ratio dropped to 32.7% of its book from 33% at the end of March. Provisions for bad debt edged higher to 246 million euros from 243 million euros in January-to-March. Reporting by George Georgiopoulos All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. Greece's Alpha Bank grows second quarter profit on higher fee and commissions ATHENS (Reuters) - Alpha Bank ( AC
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