Alpha Bank Romania total assets exceeded €4.7 billion in 2023

In 2023, Alpha Bank Romania continued to support actively the development of the local business environment, thus contributing to the country's economic progress. In the Corporate Banking segment, Alpha Bank Romania recorded a 22% increase in its loan portfolio both by developing business relationships with market leaders in their sectors and by supporting key industries and sectors of the local economy.

The bank has increased its presence in the syndicated loan segment both as a participant and as an arranger in sectors as diverse as energy, manufacturing, agribusiness, logistics and real estate.

In 2023, the bank entered into several partnerships aiming at expanding its presence in diverse market segments. To this end, Alpha Bank Romania entered into a partnership with the European Investment Fund (EIF) with the aim of acting as a financial intermediary in the Competitiveness and Sustainability components of the National Recovery and Resilience Plan (NRRP).

At the same time, the bank has joined the three new national programs launched by the Ministry of Economy, Entrepreneurship and Tourism (MEAT), aimed at stimulating the establishment and development of small and medium-sized enterprises (SMEs) in Romania.

In 2023, the second phase of the bank's transformation project "Retail Digital Onboarding" was also successfully completed, enabling individual customers to conveniently access personal loans through the platform provided on the bank's website.

The bank further upgraded its digital payments, making available to its customers the instant payment system offered by Transfond. The service is available 24 hours a day, 7 days a week, facilitating payments under RON 50,000 and is aimed at both individuals and companies.

Throughout the year, the bank continued to invest in the service infrastructure offered to premium customers and expanded its network of GOLD centers to 30 locations. Our premium customers benefit from access to local and international capital markets, mutual funds, term deposits, premium cards and insurance, all offered by dedicated qualified staff.

The year 2023 also marked outstanding results in Alpha Bank Romania's 30-year history:

• the volume of new SME loans increased by +22% compared to the previous year. The SME loan portfolio thus advanced by +25% compared to the end of 2022;
• volume of new consumer loans increased by +12% compared to the previous year. The consumer credit portfolio increased by +4% compared to 2022;
• volume of transactions initiated by merchants and processed through the Bank's acceptance solutions increased by 27% year-on-year, with solid contributions from each type of terminal: traditional POS, Alpha phonePOS and e-commerce solutions.

Alpha Bank Romania continued to support financial culture and education, through partnerships with the Association for the Promotion of Performance in Education (APPE), CFA Romania, universities and faculties in the economic field. As a result of its partnerships, a series of programs and workshops dedicated to students and students took place.

At the same time, in September 2023, Alpha Bank Romania inaugurated the exhibition "The two sides of the coin. Means of Exchange - Masterpieces of Art", hosted by the National Bank of Romania (NBR) Museum.

It was the first time that the Alpha Bank Numismatic Collection, one of the most important collections of ancient coins in the world, travelled outside the borders of Greece.

Full-year financial results

At the end of 2023, Alpha Bank Romania's loan portfolio reached €3.2 billion net exposure, achieving a 9% increase over the previous year, while customer deposits exceeded €3.5 billion, approximately 18% year-on-year.

The bank's total assets exceeded €4.7 billion, up 11% compared to the previous year.

Net profit stood at approximately €38 million, reflecting both an outstanding business performance and the bank's effective cost and risk management.