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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Alpha Bank Romania's profit "above target" in Jan-Sep

Alpha Bank Romania reported a gross profit of EUR 20.1 mln, "above expectations," in the first nine months of 2021.

Between January and September 2021, the production of new mortgages registered an annual advance of 41%, the mortgage loan portfolio thus exceeding the threshold of 1.3 billion euros.

At the end of September 2021, Alpha Bank's loan portfolio in Romania stood at EUR 2.7 bln, 1.5% more compared to the same period last year.

"Robust business activity in the retail segment materialized in an annual growth rate of new mortgage sales of 41% to EUR 1.3 bln and was the main engine of portfolio growth," a bank's report, quoted by Ziarul Financiar, reads.

A similar performance was obtained in the consumer loans segment, with new sales doubling in the first nine months compared to the same period of 2020.

Alpha Bank Romania is a member of Alpha Bank Group, one of the largest banking and financial groups in Greece.

(Photo: Cristi Croitoru/ Dreamstime)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Alpha Bank Romania's profit "above target" in Jan-Sep

Alpha Bank Romania reported a gross profit of EUR 20.1 mln, "above expectations," in the first nine months of 2021.

Between January and September 2021, the production of new mortgages registered an annual advance of 41%, the mortgage loan portfolio thus exceeding the threshold of 1.3 billion euros.

At the end of September 2021, Alpha Bank's loan portfolio in Romania stood at EUR 2.7 bln, 1.5% more compared to the same period last year.

"Robust business activity in the retail segment materialized in an annual growth rate of new mortgage sales of 41% to EUR 1.3 bln and was the main engine of portfolio growth," a bank's report, quoted by Ziarul Financiar, reads.

A similar performance was obtained in the consumer loans segment, with new sales doubling in the first nine months compared to the same period of 2020.

Alpha Bank Romania is a member of Alpha Bank Group, one of the largest banking and financial groups in Greece.

(Photo: Cristi Croitoru/ Dreamstime)

andrei@romania-insider.com

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