SKOPJE (Macedonia), May 30 (SeeNews) – Greece's Alpha Bank said its pre-tax profit from Macedonian operations fell 100.2% on the year to 3,000 euro ($4,082) in the first quarter of 2014.
The group's loan market share in Macedonia amounted to 1.7% at the end of March while its non-performing loans ratio stood at 27.2%, Alpha Bank said in its first quarter financial report.
The group's Macedonian unit, Alpha Bank Skopje, had 18 branches and 242 employees at the end of March.
Following are details about Alpha Bank's performance in Macedonia (in millions of euro):
|
Q1'14 |
% change y/y |
Pre-tax profit |
0.003 |
-100.3% |
Operating Income |
1.2 |
11.4% |
Impairment Losses |
-0.3 |
-162.3% |
Loans |
68 |
-2.4% |
Deposits |
84 |
11.3% |
In Southeast Europe, Alpha Bank is also present in Cyprus, Romania, Bulgaria, Serbia and Albania.
($=0.7349 euro)