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2019 – According to IFRS Results for 2019, Alfa-Bank's total comprehensive income amounts to $1.03 billion. The bank's total equity increases to $8.1 billion. At the same time, net profit was only $704 million, almost half of 2018 – due to a radical increase in allowances for loan loss provisions.
Alpha Bank Residence Thessaloniki. Alpha Bank is a private Greek bank. Its founder was John Kostopoulos [9] Alpha Bank's Network in Greece has 273 branches and 783 ATMs. [10]The Group operates in Greece, United Kingdom, Luxembourg and Cyprus with a network of 287 retail outlets (273 in Greece, 12 in Cyprus, 1 in the United Kingdom, 1 in Luxembourg) and employs 8,487 people in Greece and abroad.
The Inter-Alpha Group of Banks was created in 1971 by six banks in the European Community to provide a platform for the regular exchange of ideas and to explore areas for cooperation between its member banks. The group is a non-hierarchical association and is maintained by mutual agreement with each bank retaining full autonomy and independence ...
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The bank wrote off more than $19 billion; €10 billion ($12.7 billion) of it in the restructuring of the debt. [25] On 18 February 2011 NBG made an offer to buy Alpha Bank for €2.8 billion. [26] and another offer to buy Emporiki Bank, both offers were not successful, Emporiki Bank was then bought by Alpha Bank.
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