Investor Presentaiton
Operating Expenses
Group, € mn
Q2 23
Q1 23
qoq %
Recurring Operating Expenses evolution
€mn
257
Staff costs
(94.7)
(96.2)
(1.6%)
242
231
233
240
General Administrative
(103.6)
(96.9)
7.0%
95
expenses
95
93
96
95
Staff costs
Depreciation and
(42.1)
(40.2)
4.7%
General
amortisation
Administrative
108
122
Recurring Operating
100
97
104
expenses
(240.4)
(233.3)
3.0%
Expenses
Extraordinary costs
(11.5)
(38.4)
(70.0%)
Total Operating Expenses
(252.0)
(271.8)
(7.3%)
Employees
Greece 8,147 7,354 7,503 5,925 5,939 5,923 5,950 5,940 5,958 5,761
Depreciation
39
38
39
40
42
& amortisation
Q2 22
Q3 22
Q4 22
Q1 23
Q2 23
Branches
Greece 443 394
336 313
299
287
285 284
280
273
VSS Gr
-523
VSS Gr
Albania
-410
-836
Cepal
-818
11,314
VSS Gr
-550
10,530 10,528
629
581
520
465
8,529 8,512 8,476 8,486 8,460 8,447 8,228
451
439 437 431 426 419
Dec Dec Dec Dec Mar Jun
2018 2019 2020 2021 2022 2022
Sep
2022
Dec Mar Jun
Dec
2022 2023 2023
2018
Dec Dec Dec
2019 2020 2021
Mar Jun Sep Dec Mar Jun
2022 2022 2022 2022 2023
2023
1| Includes corporate and private banking centers. 2| including sabbaticals
34
ALPHA
SERVICES AND HOLDINGSView entire presentation