More loans from Alpha Bank

Alpha Bank Romania last year recorded a net income of 4.7m euros, up more than 31% in real terms from 2002. At the end of 2003, the bank’s equity amounted to 62 million euros. According to data released by the bank, its assets went up by 32%, to 536m euros, with 372m euros accounting for the credit portfolio. The bank granted 52% more loans in 2003 than it did in 2002. Moreover, the value of deposits grew to 215 million euros (up 26% in real terms). ZF