Alpha Services and Holdings SA (STU:ACBB)
€ 1.5895 -0.064 (-3.87%) Market Cap: 3.77 Bil Enterprise Value: 2.76 Bil PE Ratio: 6.76 PB Ratio: 0.48 GF Score: 52/100

Q3 2019 Alpha Bank SA Earnings Call Transcript

Nov 19, 2019 / 04:30PM GMT
Release Date Price: €1.89 (+0.05%)
Operator

Ladies and gentlemen, thank you for standing by. I am Gailey, your Chorus Call operator. Welcome, and thank you for joining the Alpha Bank Conference Call to present and discuss the 9 month 2019 financial results and strategy update. (Operator Instructions) At this time, I would like to turn the conference over to Alpha Bank management. Gentlemen, you may now proceed.

Vassilios E. Psaltis
Alpha Bank A.E. - CEO & Executive Director

Good afternoon, ladies and gentlemen. Welcome to Alpha Bank's conference call for our 9 months results and for our strategy updates. I'm Vassilios Psaltis, Alpha Bank's CEO, and here with me is Lazaros Papagaryfallou, our Chief Financial Officer.

Today, in addition to our 9-month financial results presentation, we are very pleased to announce Alpha Bank's strategy update for the period 2020 to 2022. A comprehensive program of change that will enable us to effectively create value for shareholders by drastically improving the health of our balance sheet through a front-loaded and ambitious NPE reduction strategy. This

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