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Monday, 11/24/2014 8:06:21 AM

Monday, November 24, 2014 8:06:21 AM

Post# of 41945
$ALBKY Alpha Bank financials The company had net profit after tax at Euro 126.7 million with shareholders' equity at Euro 7.9 billion following a successful recapitalization in Q2 2013. Alpha has a Core Tier I capital ratio at 13.9% and a Leverage ratio at c.9.4% according to Basel III, which is more than three times the expected minimum threshold. Alpha has a Total Capital Adequacy ratio of 14.2%.The company tender offer to buyback outstanding hybrid and subordinated securities completed in May 2013. Increase in deposits with private sector inflows of Euro 1 billion in Q2 2013. Alpha deposits stood at Euro 42 billion at the end of June 2013, with a loan to deposit ratio of 127%. Net interest income at Euro 412.8 million in Q2 2013, up 26% quarter-on-quarter.
http://www.gurufocus.com/forum/read.php?2,273977,273977

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