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Alpha Bank Romania, gross profit on the rise, YoY

Alpha Bank Romania made a gross profit of 21.3 million euros last year, up 36.9%, and its operating profit increased by 13% compared to the previous year, reaching 32.8 million euros, amid a 7% reduction in costs, the bank announced on Wednesday.According to a bank press release, Alpha Bank Romania's loan portfolio stood at 2.6 billion euros at the end of 2020, marking a constant evolution compared to 2019, mainly due to the intensification of lending activity on the Small ...

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