28 December 2005The Export-Import Bank of Korea increases its trade & export finance credit line for Alfa-Bank up to USD 80 million — Moscow, Russia
Alfa-Bank and The Export-Import Bank of Korea signed an amendment to an existing credit line agreement (The Relending Facility Agreement) which increases this facility from 50 to 80 million USD.
08 December 2005Philip Halperin, Director of Risk Management at Alfa-Bank speaks at the 12th International Conference on The Russian Banking Sector 6th-8th December 2005, in London — London, UK
Speaking on Implementing Risk Management: Adapting Normative Practice to Russian Specifics Philip Halperin, Director of Risk Management of Alfa-Bank, presented real examples of compensatory adaptive technique drawn from his experience in implementing best practice in Market, Credit, and Operational risk.
02 December 2005Russia’s Alfa-Bank prices debut US$225 million Subordinated Unsecured Notes (Lower Tier 2) — Moscow, Russia
Alfa-Bank earlier today launched and priced its debut US$225 million 10NC5 Subordinated Unsecured Notes (LT2) transaction.
01 December 2005Alfa-Bank together with the World Wildlife Fund launched international plastic card Visa Classic — Moscow, Russia
Alfa-Bank together with the World Wildlife Fund (WWF) — Russia issued the Visa Alfa Bank Express — WWF Russia co-brand card. This card enables the Bank’s customers to make their contribution to wildlife conservation in Russia.
29 November 2005Alfa-Bank sponsors the prestigious December Nights festival at the Pushkin Museum of Fine Arts in Moscow — Moscow, Russia
The festival celebrates its 25th anniversary in 2006 and offers, once again, an impressive lineup of international music talent, including Russian great pianist Mikhail Pletnev, renowned Beaux Arts Trio from the United States, eminent Austrian violinist Thomas Zehetmair and Dutch bas-baritone Robert Hall
24 November 2005Alfa-Bank’s Statement on publication in “Company” magazine November 14, 2005 — Moscow, Russia
16 November 2005Mikhail Fridman, the Chairman of the Board of Directors of Alfa Group, elected a new member of Russia’s Public Chamber — Moscow, Russia
Fridman is one of the second group of 42 names from national nongovernmental organizations to be selected for the Public Chamber which President Vladimir Putin created and whose duties include overseeing official bodies and reviewing bills before lawmakers vote on them.
16 November 2005Alfa-Bank announces sound financial results for the first half of 2005 and highlights for 9 months 2005 — Moscow, Russia
Based on the audited financial results for the first half of 2005, Alfa-Bank Group reported a record net profit after tax growth of 64.1% to US$ 87.3 mln up from US$ 53.2 mln in the first half of 2004.
10 November 2005Alfa-Bank Takes Lead Role in Russian & CIS Oil & Gas Investment Forum in London — London, UK
With Alfa-Bank, TNK-BP, Shell and Novatek contributing, this years conference was structured to address issues of interest to portfolio investors as well as industry and governmental players.
07 November 2005Standard & Poor’s Ratings Services Raised Alfa-Bank Ratings long- and short-term To ’BB−/B’ on Stronger Performance Outlook Stable — Moscow, Russia
The upgrade reflects the bank’s strengthening financial and commercial performance, supported by Russia’s robust macroeconomic environment.
03 November 2005Alfa-Bank signed US $275 million Trade-Related Term Syndicated Loan — Moscow, Russia
On Thursday (3rd of November 2005) Alfa-Bank signed US $275 million Trade-Related Term Syndicated Loan — the biggest Syndicated Loan for a Russian private bank ever.
27 October 2005Ten New Alfa Fellows arrive in Russia, meet with Duma Leader — Moscow, Russia
The third group of 10 young professionals from the United States arrived in Moscow and met with Konstantin Kosachev, Chairman of the State Duma Committee for International Affairs and member of the Alfa Fellowship Advisory Board.
18 October 2005Peter Aven, President of Alfa-Bank speaks on Leveraging the Potential of Russia’s Financial Sector at the World Economic Forum Russia Meeting in Moscow, October 17-18, 2005 — Moscow, Russia
Speaking at the WEF Russia meeting on Tuesday October 18th, Peter Aven noted that state banks significantly reinforced their position and foreign banks increased their client base during last 2 years.
14 October 2005International Raiting Agency Moody’s revised Alfa-Bank (Kazakhstan) long-term foreign currency deposit rating outlook to positive — Moscow, Russia
Moody’s Investors Service changed the outlook on the Ba3 long-term foreign currency deposit rating to positive from stable, and has affirmed the stable outlook on the E+ financial strength rating (FSR) of Alfa-Bank (Kazakhstan).
12 October 2005Mikhail Fridman, Chairman Alfa Group speaks on role of leadership at the International Leadership Summit in Moscow, October 11-12, 2005 — Moscow, Russia
Speaking on his ultimate personal leadership experience, Mikhail Fridman said that long term partnership and strategies of acquisition, growth and integration have made the Alfa Group among the most attractive partners for international investment in Russia.
05 October 2005Alexander Gafin, a member of the Alfa-Bank’s Board of Directors, spoke at the Conference “Communication strategies for financial sectors in Russia and the CIS countries” — Moscow, Russia
Alexander Gafin delivered the report “Alfa-Bank’s social and philanthropic initiatives as part of a long-term corporate strategy”.
04 October 2005Petr Smida, CEO of Alfa-Bank, speaks on development of the Retail Banking in Russia at the U.S.-Russia Business Council’s 13th Annual Members and Directors Meeting — Moscow, Russia
Speaking to the Annual USRBC meeting in Moscow, Alfa-Bank CEO Peter Smida noted several positive trends in both Retail Banking and Electronic Banking which are improving Alfa-Bank’s position in the market.
01 September 2005Vladimir Tatarchuk was Appointed Deputy Chairman of the Executive Board of Alfa-Bank and Head of Corporate Banking Division — Moscow, Russia
Vladimir Tatarchuk was appointed Deputy Chairman of the Executive Board of Alfa-Bank and Head of Corporate Banking Division.
26 August 2005International Raiting Agency Moody’s revised Alfa-Bank ratings outlook to positive — Moscow, Russia
On August 26, 2005, Moody’s changed the outlook on Alfa-Bank’s Ba2 long-term foreign currency deposit and senior unsecured debt ratings to positive from stable.
16 August 2005Mobile comfort with the new service “Alfa-Mobile” and Samsung mobile phones — Moscow, Russia
Alfa Bank and Samsung Electronics have announced the start of a long term strategic partnership in the field of mobile banking
27 July 2005Alfa-Bank Receives National “Super Brand of the Year” Award in Russia — Moscow, Russia
This award recognizes the results of the Bank’s notable 15 years performance and aggressive PR and Branding campaign in consumer and inter-corporate business in Russia.
27 July 2005Alfa-Bank Takes the Leading Spot in the Top 20 Best IT Banks in Russia 2005 — Moscow, Russia
Alfa-Bank heads the 2005 list of the best IT banks in Russia, and is recognized as the best internet-banking services provider among Russia’s largest banks.
25 July 2005Petr Aven, Alfa-Bank’s President, to Receive Prestigious State Award in Kremlin — Moscow, Russia
Petr Aven, Alfa-Bank’s President, received the prestigious “Honor of the State Award” in Moscow, presented personally by Russian President Vladimir Putin at a Kremlinceremony on July 25th.
13 July 2005Alfa-Bank has appointed Andrew John Baxter as Chief Financial Officer — Russia, Moscow
Andrew John Baxter appointed Chief Financial Officer of Alfa-Bank. Before joining the Bank in July 2005, Baxter worked at SUN Group.
08 July 2005Mikhail Fridman, Chairman Alfa Group speaks on investment climate in Russia and Russia and EU economic cooperation at the European Business Leaders’ Convention in Helsinki — Helsinki, Finland
The European Business Leaders’ Convention is a forum for policy discussions among top European executives. The annual Forum “Getting Europe moving again” was held in July 7-9, 2005 in Helsinki and Savonlinna.
07 July 2005Alfa-Bank Enters Top 10 Banks of Central and Eastern Europe — London, UK
Alfa-Bank is included into The Banker Top 1,000 World Banks 2005 at Rank # 9 (in Central and Eastern Europe) and Rank # 490 (World ranking) with Tier One capital $ 703m.
30 June 2005Putin says Alfa-Bank’s liquidity problems in 2004 artificial — Moscow, Russia
On Wednesday June 29th Petr Aven, President of Alfa-Bank met with Russian President Vladimir Putin. President Putin and Petr Aven discussed the situation with banking sector in Russia, consumer lending and mortgage system development.
29 June 2005For the fifth year in a row JP Morgan Chase Bank presented Alfa-Bank with Elite Quality Recognition Award — Moscow, Russia
Alfa-Bank has qualified for this award for the 5nd year in a row, which makes it even more valuable taking into account the significant Y-o-Y increase in the volume of transactions.
17 June 2005Russia’s Alfa-Bank prices US$250 million Eurobond issue — Moscow, Russia
Alfa-Bank earlier today launched and priced a US$250 million 3-year Eurobond transaction as a third drawdown under it’s US$1 billion EMTN programme.
17 June 2005Alfa-Bank and the Lauder Institute presented United Technologies Corporation the 2005 Annual Award for Excellence in Foreign Investment in Russia — Moscow, Russia
This award honors a foreign firm that is conducting business successfully in Russia, while at the same time contributing to a broader improvement of Russia’s business culture and society as a whole.
27 May 2005On Friday Alfa-Bank signed US $230 million Trade-Related Term Syndicated Loan — the biggest Syndicated Loan for a Russian private bank ever — Moscow, Russia
It is priced at 150 basis points over LIBOR and upon maturity can be extended for a further one consecutive 364-day period. The facility was presented by 45 Banks-Lenders from different countries.
03 May 2005Marco Salvi appointed Head of Investment Bank of Alfa-Bank — Moscow, Russia
Marco Salvi appointed Head of Investment Bank of Alfa-Bank. Salvi joined Alfa-Bank in May 2005 from Mercati Finanziari SIM SpA (Italy, Milan) where he was Chief Executive Officer.
18 April 2005Alfa-Bank to announce financial results for 2004: Assets, Customers, Deposits and Profits all Increase in a Challenging Year — Moscow, Russia
Based on the audited financial results for 2004, Alfa-Bank group, which embodies Alfa-Bank, subsidiary banks and financial companies, generated a net profit of $153mn, up 45 per cent from $106mn in 2003.
11 April 2005Alfa-Bank President Peter Aven says “the Russian government takes advantage of favorable external factors to reinforce economic achievements and to implement measures to insure long-term stability.” — London, UK
Speaking at the 8th Annual Russian Economic Forum in London, 11-12 April 2005, Peter Aven noted that Russia enjoyed an extremely favorable external environment in 2004 but the cycle of high commodity prices could be exploited more efficiently in Russia’s bid to diversify its economy
06 April 2005Fourteen New Alfa Fellows to arrive in Russia —
The second group of young professionals from the United States arrived in Moscow on April 5th to participate on the Alfa Fellowship Program and begin six months of intensive professional work experience in Russia.
24 March 2005Outlook on Alfa-Bank Revised to Positive, Ratings Affirmed — Moscow, Russia
On March 24, 2005, Standard & Poor’s Ratings Services revised its outlook on Alfa-Bank to positive from stable, “reflecting the bank’s good prospects to expand its franchise and increase business diversification, as well as the continued and demonstrated support of shareholders”.
22 March 2005Alfa-Bank received the Operational Risk Achievement Award 2005 for “Operational Risk Framework at an Institution Based in an Emerging Market” — London, UK
Alfa-Bank has received the Operational Risk Achievement Award 2005 for “Operational Risk Framework at an Institution Based in an Emerging Market” for two consecutive years. This is the first time that an award of this international scope has been won once, let alone twice, by any Russian bank.
16 March 2005Global Finance names Alfa-Bank Best Forex Bank in Russia for 2005 — New York, USA
Alfa-Bank has been voted Best Forex Bank in Russia by Global Finance for two consecutive years. This Award Report will be published as part of an exclusive survey in the April 2005 issue.
03 March 2005Alfa Group Consortium and World Wide Fund for Nature (WWF) sign cooperation agreement — Moscow, Russia
Mikhail Fridman, Chairman of the Board of Directors of Alfa Group Consortium and Chairman of the Board of Directors of Alfa-Bank, and Igor Chestin, Director of WWF-Russia, signed a cooperation agreement that will foster greater understanding of environmental issues in Russia.
07 February 2005Alfa-Bank’s Board approved concept of social policy for 2005 — Moscow, Russia
Alfa-Bank’s Board has approved the Bank’s social policy for 2005. This policy will guide all social and charitable activities of the Bank in accordance with Alfa-Bank’s traditions in this area and in response to the real needs of Russian society.
03 February 2005Mikhail Fridman, Chairman of Alfa Group, to speak on Investment Opportunities and Perceptions of Business at Alfa-Bank’s Second Annual Ukrainian Investment Forum in Kiev — Kiev, Ukraine
Alfa-Bank will hold its Second country-focused Investment Forum in Kiev on February 20-23, 2005. The Forum brings together top decision makers from government, local and foreign investors and senior business executives for face-to-face discussions on Ukraine’s new economic agenda.
31 January 2005Statement made by Alfa-Bank’s management in relation to the litigation against Kommersant Publishing House —
Alfa-Bank received information that Kommersant Publishing House had transferred 310,5 mln. rubles to Federal Service of Court Bailiffs’ Chief Administration in Moscow.
27 January 2005Russia’s Alfa-Bank prices US$150 million Eurobond issue — Moscow, Russia
Moscow, 27 January 2005, Alfa-Bank earlier today launched and priced a US$150 million 2-year Eurobond transaction as a second drawdown under it’s US$400 million EMTN programme.
18 January 2005Alfa-Bank and UBS are becoming partners in CLS — Moscow, Russia
Alfa-Bank today announces their partnership with UBS in the settlement of FX transactions through CLS Bank using UBS’s CLS Third-Party services.