Alfa-Bank's net loss increased by a quarter

альфа банкIn the first quarter of 2016, Alfa-Bank's net loss increased by 23,1%, or from UAH 436,01 million to UAH 536,85 million. These statistics are compared to the same period last year, the publication reports. FinClub.

Alfa-Bank's assets have reportedly decreased to UAH 39,304 billion since the beginning of 2016, while the financial institution's loan portfolio has increased to UAH 28,397 billion. Alfa-Bank's net interest income for the first quarter of this year decreased to UAH 248,604 million, or by 40,6%. Provisions for loan reserves in the first quarter of this year amounted to UAH 1,3 billion.

The volume of client funds attracted in the first three months of 2016 increased to UAH 25,52 billion, or 1,1%. Alfa-Bank's equity capital decreased by 20,4% to UAH 2,088 billion.

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