30 December 2003Alfa Group Chairman Mikhail Fridman to Receive Prestigious Award Businessman of the Year in Moscow —
Moscow, Russia On Wednesday December 30th, 2003 the most influential Business media Vedomosti, published in collaboration with The Wall Street Journal and Financial Times, Named Alfa Group Chairman Mikhail Fridman Businessman of the Year.
23 December 2003Alfa-Bank to come up with first Commercial Paper programme out of Russia since the 1998 debt crisis and rated C by Standard and Poors. —
Moscow, Russia Alfa-Bank (Ba2/B/B+) today made inaugural drawdowns off its recently established US$200 million euro commercial paper programme. The programme has been rated C by Standard and Poor's and represents the first traditional euro commercial paper programme out of Russia since the 1998 debt crisis.
22 December 2003Richard Sobel a former ING Baring Executive appointed Chief Executive Officer of Alfa Private Equity Ltd. —
Moscow, Russia Richard Sobel, a US citizen and former ING Baring fund manager with extensive private equity investment experience in Russia has recently been hired as chief executive officer of Alfa Private Equity Ltd., to run Alfa's private equity and real estate equity capital unit.
17 December 2003S&P Rates Alfa-Bank $200 Mil Commercial Paper Program C —
Paris, France Standard & Poor's Ratings Services said today it has assigned its single-“C” short-term senior unsecured debt rating to the $200 million euro-commercial paper program of the Alfa-Bank group.
11 December 2003Moodys Upgrades Alfa-Banks Ratings to D/Ba2 —
Moscow, Russia Moody's Investors Service has upgraded to D from E+ the Financial Strength Rating (FSR) of Russia's Alfa-Bank; and has also raised to Ba2 from B1 the ratings of Alfa's long-term deposits and senior debt issued by Alfa-Russia Finance B. V.
02 December 2003Peter Aven, President of Alfa-Bank speaks on Role of Russia in Europes Economic Progress at the European Leadership Forum 2003 in Paris, December 1-2, 2003. —
Paris, France According to Peter Aven, President of Alfa-Bank, new members' entry to EU in May 2004 will reinforce the trade links between Russia and EU.
02 December 2003Oleg Tumanov, Alfa-Banks Deputy CEO, speaks on Strategies for Competing in the Russian Financial Sector in London, December 2nd, 2003 —
London, UK According to Oleg Tumanov, Alfa-Bank's Deputy CEO, Russian banks are operating in a more competitive environment with decline in interest rates and greater penetration of foreign banks.
London, UK Alfa-Bank, Russia's largest private bank, today signed a US $82 million 364-day Trade-Related Term Syndicated Loan, the biggest unsecured financing for a private Russian bank successfully closed since the 1998 financial crisis and the third one for Alfa-Bank since 1998.
Moscow, Russia Alfa-Bank is continually working to prevent clients of the bank from carrying out illegal financial operations.
Moscow, Russia Alfa-Bank, Russia's largest privately owned bank, today announced it had appointed Petr Smida as Deputy Chairman of the Board of Directors.
Moscow, Russia Alfa Bank Express, a brand of the new Alfa Bank's retail business has received a National “Brand of the Year”Award in Russia.
22 October 2003Anne vant Veer, Managing Director of Amsterdam Trade Bank N. V., the European Division of Alfa-Bank Group, speaks on Second Russia-Netherlands Economic Forum in Amsterdam, October 21, 2003 —
Amsterdam, Netherlands According to Anne Van't Veer, Managing Director Amsterdam Trade Bank, the European Division of Alfa-Bank Group, Russia will be in a much better shape to weather a future economic storm, if it uses today's relatively rich years to adjust, to reform the real economy.
10 October 2003Alfa Capital signs senior US manager as Chief Investment Officer —
Moscow, Russia Alfa Capital, one of Russia's strongest asset managers, underlined its commitment to the country's growing savings and investment markets today with the hiring of Charles J. Tennes as Chief Investment Officer.
02 October 2003Mikhail Fridman, Chairman Alfa Group speaks on Perceptions of Russian Business at the World Economic Forum Russia Meeting in Moscow, October 2-3, 2003 —
Moscow, Russia According to Mikhail Fridman, Chairman Alfa Group, while Russia still has a long way to go to develop as a matured society, it has plenty of places to in which to invest.
22 September 2003Emerging Markets Newspaper names Alfa-Bank “Most Improved Bank in Emerging Europe” for 2003 —
London, UK Emerging Markets Newspaper names Alfa-Bank “Most Improved Bank in Emerging Europe” for 2003.
17 September 2003For the second year in a row JP Morgan Chase Bank presented Alfa-Bank with Quality Recognition Award —
Moscow, Russia Representatives of Alfa-Bank and JP Morgan Chase Bank held a meeting last week at which Alfa-Bank was presented with JP Morgan Chase Quality Recognition Award.
17 September 2003Alfa-Bank upgraded by Fitch to B+ with Stable Outlook —
London, UK Fitch Ratings, the international rating agency, has today upgraded Russia's Alfa-Bank's Long-term rating to B+ from B. At the same time, the agency has changed the Outlook to Stable from Positive.
Moscow, Russia Alfa-Bank increased Amsterdam Trade Bank N. V. paid-in capital to 40 million EUR.
On Sept. 2, 2003, Standard & Poor's Ratings Services raised its long-term counterparty credit and senior unsecured debt ratings on Alfa-Bank to “B” from “B–”. The outlook was revised to stable from positive. The single-“C” short-term counterparty credit rating was affirmed.
28 July 2003Alfa-Bank and the Lauder Institute have selected Procter & Gamble as the First Winner of the Annual Award for Excellence in Foreign Investment in Russia. —
Moscow, Russia Procter & Gamble selected as the first winner of the Award for Excellence in Foreign Investment, sponsored by Alfa-Bank and the Lauder Institute of the Wharton School of Business
28 July 2003Procter & Gamble Russia Key Facts —
22 July 2003Alfa-Bank has Officially Announced 30% Growth of Retail Business and Development of Alfa Bank Express Network since January 1, 2003. —
Moscow, Russia Alfa-Bank today announced the retail business output in the first half of 2003.
08 July 2003Correction in The Banker Top 1,000 World Banks verifying where Alfa-Bank should have been in the listing. Alfa-Bankôs ranking in Russia would have been 7th and world ranking is 635th —
London, UK British magazine The Banker did apologise for the mistake that has been published in July issue of The Banker Top 1,000 World Banks.
London, UK Alfa-Bank enters the top 25 List in the Thomson Financial European Mergers and Acquisitions League Table in the First Half of 2003.
26 June 2003Alfa Group Chairman Mikhail Fridman to be listed Among 25 Others Leading The Effort To Make Europe Dynamic Again —
London, UK BusinessWeek's Fourth Annual “Stars of Europe” issue profiles 25 leaders at the forefront of change. July 7 Issue Lists Alexei Mordashov, David Levin, Hans Verkoren, Dora Bakoyianni, Guido Barilla, Tony Blair, Arkady Dvorkovich, Mikhail Fridman, Among Others Leading The Effort To Make Europe Dynamic Again.
17 June 2003Alfa-Bank Chairman of the Board of Directors Mikhail Fridman Announces Creation of Alfa-Bank and Lauder Institute Award for Foreign Investment —
Moscow, Russia Alfa-Bank Chairman of the Board of Directors Mikhail Fridman Announces Creation of Alfa-Bank and Lauder Institute Award for Foreign Investment.
02 June 2003Alfa-Bank Launches Investor Confidence Index —
Moscow, Russia Alfa-Bank launches a First Leading Indicator of Portfolio and Strategic Investment towards Russia — Alfa-Bank Investor Confidence Index.
13 May 2003Alfa-Bank has hired three new directors for its Equities and Research teams in Moscow, London and New York. —
Moscow, Russia Alfa-Bank said today it had hired three new directors for its Russian, UK and North American operations to add to its rapidly growing global equities business.
12 May 2003Alfa-Bank to Sponsor Exhibition of Russian Suprematist Artist, Kazimir Malevich in New York —
New York, USA Kazimir Malevich: Suprematism will open at the Solomon R. Guggenheim Museum on May 13, following its critically acclaimed presentation at the Deutsche Guggenheim in Berlin, where it was seen by a record 70,000 visitors.
03 May 2003Alfa Group Chairman to Receive Prestigious Achievement Award in Washington with 20 other World Political, Business and Social Leaders —
Washington, USA On Saturday, May 3rd, 2003 Alfa Group Chairman Mikhail Fridman will travel to Washington, DC to receive the Golden Plate Award of the International Academy of Achievement. The Golden Plate Award is given annually to international business, political, economic and cultural leaders who have set an example for the world' s youth.
16 April 2003Alfa-Bank has officially announced the launch of the new retail business under the brand name of Alfa Bank Express —
Moscow, Russia Alfa-Bank, Russia's largest privately owned bank, today announced the launch of its new retail business, operating under the Alfa Bank Express brand and introduced to provide state-of-the-art retail services for private individual and SME customers.
03 April 2003Alfa-Bank President Peter Aven says Russian economic growth is sustainable and underlying indicators are encouraging for the future. —
London, UK According to Peter Aven, in 2002 the Russian economy continued to show substantial growth, expanding at a 4.3% rate backed by a rapid increase in bank lending and corporate foreign borrowing. At the same time, further economic progress must still be supported by fiscal reform, deregulation and administrative reform.
24 March 2003Alfa-Bank, TNK and BP bring Paul McCartney to play his first-ever concert in Moscow's Red Square —
Alfa-Bank, TNK and BP will sponsor the first-ever concert in Russia of Paul McCartney performing in Moscow's the Red Square on May 24, 2003.
14 March 2003Outlook on Alfa-Bank Revised to Positive, Ratings Affirmed —
Paris (Standard & Poorôs) March 14, 2003 Standard & Poorôs Ratings Services said today that it had revised its outlook on Russia-based Alfa-Bank to positive from stable. At the same time, the õBæ-minus long-term and õCæ short-term counterparty credit ratings on the bank were affirmed.
28 February 2003Global Finance names Alfa-Bank Best Bank in Russia for 2003 —
New York, February 2003 — Global Finance magazine has named Alfa-Bank the Best Overall Bank in Russia, Best M&A advisor and Best Trade Finance Bank.
New York, February 2003 — Global Finance magazine has named Alfa-Bank the Best Trade Finance Bank in Russia for the third year in a row.
11 February 2003Strategic partnership between Russian investors and BP —
Today Alfa Group and Access-Renova (jointly, “AAR”) and the international oil major ÷ò have announced the intention to combine their oil and gas operations in Russia and Ukraine. The new holding company will become the third-largest oil company in Russia by reserves and production.
Some 600 members of Moscowôs design and architectural community gathered in the Novaya Opera building on Karetny Ryad for the award ceremony Architects Awards, organized by Salon Press, on Nov. 19. The outside of the building was bathed in spotlights, and, inside, â spectacular show was organized. For those guests coming in from the cold, it was â bit of â shock
London, 31 Jan 2003 — Alfa-Bank, Russia's largest private bank, today signed a US $50 million 364-day Trade-Related Term Syndicated Loan, the biggest unsecured financing for a private Russian bank successfully closed since the 1998 financial crisis.