08 December 2004Natalia Orlova, Chief Economist at Alfa-Bank speaks on Banking Reforms in Russia at the 11th International Conference on The Russian Banking Sector 7th-9th December 2004, in London — London, UK
Speaking on optimising interbank relationship in Russia N. Orlova noted that after the banking mini-crisis last summer the interbank market remains very segmented despite the interbank rates already declined.
07 December 2004Peter Aven, President of Alfa-Bank speaks on Role of Russia in Europes Economic Progress at the European Leadership Forum 2004 “Driving Performance & Growth” in Paris, December 6-7, 2004 — Paris, France
“Faster banking sector reform attracted foreign banks to Russia and helped to diversify FDI inflow from the oil & gas sector,” said Aven.
02 December 2004Mikhail Fridman, Chairman Alfa Group speaks on Perceptions of Russian Business at the Russian & CIS Oil & Gas Investment Forum in Moscow — Moscow, Russia
Alfa-Bank took a lead role in the Russian & CIS Oil & Gas Investment Forum alongside a panel of government & industry experts from leading operators in the region who examined in depth the issues at the forefront of the oil and gas industry.
29 November 2004On Friday Alfa-Bank signed US $65 million Trade-Related Term Syndicated Loan and on 24th November extended another syndicated Facility signed a year ago for US $41 million —
The new Facility is a 364-day term loan was arranged by The Bank of Tokyo-Mitsubishi Ltd., Natexis Banques Populaires, Commerzbank AG and Demir-Halk Bank (Netherlands) N.V. It is priced at 175 basis points over LIBOR and upon maturity can be extended for a further one consecutive 364-day period.
11 November 2004Peter Aven Announces Arrival of first group of Alfa Fellows in Moscow — Moscow, Russia
Alfa-Bank President Peter Aven today announced the arrival of the first class of Alfa Fellows, who will begin six months of intensive professional work experiences in Russia.
21 October 2004Peter Aven, President of Alfa-Bank, named Russia’s Most — Admired Executive in Financial Services in October 2004 —
Peter Aven has been named by Institutional Investor magazine among seven Russian managers who lead the way in the post-Communist world.
18 October 2004Alfa-Bank upgraded by Fitch Ratings to A (rus) National Long-term rating — London, UK
Fitch Ratings, the international rating agency, has today assigned the A (rus) National Long-term rating to Alfa-Bank.
23 September 2004Russia’s Alfa-Bank prices US$175 million Eurobond issue — Moscow, Russia
Alfa-Bank (Ba2/B/B+) earlier today launched and priced a US$175 million 1.5-year Eurobond transaction as a drawdown under it’s US$400 million EMTN programme. UBS Investment Bank acted as sole bookrunner and joint lead manager with Merrill Lynch International on the deal.
02 September 2004Alfa-Bank Issues First Social Report — Moscow, Russia
Alfa-Bank has published its Social Report for 2003, highlighting Alfa-Banks contributions in the areas of art, culture and charity. Throughout its history, Alfa-Bank has perceived its reputation as its most valuable asset; to this end, Alfa-Bank was one of the first among Russian companies to recognize its civic responsibility.
02 September 2004Viktor Bashkirov appointed Director of Retail Banking at Alfa-Bank — Moscow, Russia
Viktor Bashkirov, a former head of Citibanks retail division in Russia, was appointed Director of retail banking at Alfa-Bank.
30 August 2004JP Morgan Chase Bank honored Alfa-Bank with Elite Quality Recognition Award — Moscow, Russia
During the last visit of JP Morgan Chase Bank representatives, Alfa-Bank was honored with Elite Quality Recognition Award in the category of “US Dollar Clearing.”
11 August 2004Alfa-Bank Takes a Lead Role in Russian & CIS Oil & Gas Investment Forum — Moscow, Russia
Alfa-Bank will take the lead sponsorship role in the forthcoming Russian & CIS Oil & Gas Investment Forum that will be held in Moscow on 12 December 2004.
09 August 2004Alfa Capital Partners acquires minority stake in Noble Gibbons —
Alfa Capital Partners, the private equity investment division of Alfa Bank, announced today that it has made its first private investment, acquiring a minority stake in Noble Gibbons, a leading Moscow-based real estate services company.
05 August 2004Alfa Group Chairman Mikhail Fridman to be listed Among 25 Most Powerful People in Business in Europe —
FORTUNE magazine included Mikhail Fridman to its Europes Power 25, the list of most powerful people in business.
19 July 2004Alfa-Bank is back to its normal operations. Resolutions approved by the Bank’s Executive Board — Moscow, Russia
Management of the Bank concluded that the market for banking services has generally stabilized, that the interbank business has improved, and that panic among customers of Russian commercial banks has been largely calmed, with unquestionably positive changes in Alfa-Bank’s customer deposit base.
14 July 2004Statement by Alfa-Bank CEO Petr Smida addressed to customers of the Bank in connection with occasional rejections of Alfa-Bank plastic cards for payment — Moscow, Russia
Despite cardinal improvement of the situation in the market and the cessation of panic, we have encountered unreasonable refusals to serve Alfa-Bank plastic cards by certain merchants and at cash dispensers served by third-party banks.
13 July 2004Inflow of private funds to Alfa-Bank on Tuesday exceeded the outflow by 30% — Moscow, Russia
On Tuesday, July 13, for the first time after the crisis in the banking market, the balance of private deposit accounts with Alfa-Bank turned positive. The excess of fund inflows to individual accounts over withdrawals totaled about 30%.
09 July 2004MasterCard officially affirms stable operation of Alfa-Bank’s MasterCard plastic cards — Moscow, Russia
Due to a number of refusals to serve Alfa-Bank’s MasterCard plastic cards, the international payment system MasterCard states that there has been no operations blocked using Alfa-Bank’s MasterCard plastic cards.
08 July 2004Visa International officially affirms stable operation of Alfa-Bank’s Visa cards — Moscow, Russia
Visa International monitoring service revealed excessive withdrawals through Alfa-Bank’s Visa cards during the last two days.
08 July 2004Fitch affirms Alfa-Bank's ratings — London, UK
Fitch Ratings, the international rating agency, has today affirmed the Long-term foreign currency rating of Alfa-Bank at “B+”, with a Stable Outlook, its Short-term rating at “B”, its Individual rating at “D” and its Support rating at “4”.
07 July 2004Russian Federation Central Bank affirms stable positions of Alfa-Bank in the market — Moscow, Russia
Speaking in the State Duma about the situation in the Russian banking market, Sergey Ignatyev, Chairman of the Central Bank of the Russian Federation, announced the so-called “white list” of Russian commercial banks.
07 July 2004Joint statement by Mikhail Fridman, Peter Aven and Petr Smida addressed to Alfa-Bank’s Customers, Partners and Investors — Moscow, Russia
We, Mikhail Fridman, Peter Aven and Petr Smida, assure all our customers that Alfa-Bank will not disappoint a single client, investor or partner and that the Bank is ready to meet all its obligations in full.
05 July 2004Official statement by Alfa-Bank in connection with the publication of inadequate information about Alfa-Bank by the Gazeta daily — Moscow, Russia
On 5 July 2004, the Gazeta daily published an article named “Farewell to customers”, alleging that Alfa-Bank is suffering from refinancing problems, and that some large partner banks closed their limits to Alfa-Bank…“.
22 June 2004Alfa-Bank established the Euro Medium Term Notes (MTN) Programme — Moscow, Russia
The Programme amount is 400 million USD, i.e. at any time outstanding amount of the notes floating in the market can not exceed 400 million USD.
20 June 2004Alfa-Bank and TNK-BP bring Paul McCartney to play his concert in St. Petersburg’s Palace Square — St. Petersburg, Russia
Paul McCartney’s performance in St. Petersburg was a part of his 13-city “04 Summer Tour” and included the music from The Beatles, Wings and his solo career.
17 June 2004Alfa-Bank signs US $120 million 364-day Trade-Related Term Syndicated Loan — Moscow, Russia
The 364-day term facility was arranged by The Bank of Tokyo-Mitsubishi Ltd., Natexis Banques Populaires, SANPAOLO IMI S.p.A. and WestLB AG. It is priced at 200 basis points over LIBOR and upon maturity can be extended for a further one consecutive 364-day period.
16 June 2004Alfa-Bank to sponsor Russian national volleyball team in XXVIII Olympic games in Athens — Moscow, Russia
Giving priority to Russian sports development and support, Alfa-Bank has become an official sponsor of the Russian Federation national volleyball team to make ready for the XXVIII Olympic Games scheduled for 14-29 August 2004 in Greece.
03 June 2004Alfa-Bank dedicated a Memorial Plaque to the First United States envoy to Russia John Quincy Adams in St. Petersburg — St. Petersburg, Russia
Alfa-Bank together with The American Consulate General in St. Petersburg and the Culture Committee of the St. Petersburg Administration dedicated a Memorial Plaque to the First United States envoy to Russia and the Sixth President of the United States John Quincy Adams (1767-1848).
21 May 2004Alfa-Bank and the Lauder Institute have selected Nestlé as the 2004 Winner of the Annual Award for Excellence in Foreign Investment in Russia — Moscow, Russia
Nestlé selected as the 2004 winner of the Award for Excellence in Foreign Investment, sponsored by Alfa-Bank and the Lauder Institute of the Wharton School of Business.
20 May 2004Alfa-Bank Lauder Institute Award for Excellence in Foreign Investment in Russia — Moscow, Russia
Alfa-Bank and the Lauder Institute of the Wharton School of Business have announced that the 2004 Award for Excellence in Foreign Investment in Russia will be given to Nestlé for its record of successful business operations in Russia.
21 April 2004Financial Times listed Mikhail Fridman, Chairman of the Board of Alfa-Bank, among 25 executives who according to Leaders of the New Europe article will shape the way the business is done across the continent — Moscow, Russia
Mikhail Fridman, Chairman of the Board of Directors of Alfa-Bank was the only Russian businessman listed by Financial Times in Leaders of the new Europe article that marked its 25th anniversary of European expansion. According to FT this group of businessmen, who are in their mid 30s or 40s, will help to decide how far European business methods continue to be Americanised. Their actions will determine issues ranging from the health of the owner-manager model to whether Europe has a future in manufacturing. They will shape its openness to capital markets and the transparency of its corporate governance.
20 April 2004Emerging Markets Newspaper names Alfa-Bank Best Trade Finance Bank in Russia and the CIS and Best Correspondent Bank in Russia and the CIS — London, UK
Emerging Markets editors with input from investment banks, credit ratings agency analysts, corporate reports and other expert sources selected Alfa-Bank as Best Trade Finance Bank in Russia and the CIS and Best Correspondent Bank in Russia and the CIS.
19 April 2004Alfa-Bank President Peter Aven says Russia has to use the achieved macroeconomic stability to continue reforms, promoting employment in the small and medium size business — London, UK
According to Peter Aven, in recent years the Russian authorities have taken advantage of the favorable external environment to reinforce the achievements of macroeconomic policy. Russias official reserves now rank second behind Japan in coverage of months of imports. A stabilization fund was launched this year, while the state debt to GDP ratio is as low as 22%.
19 March 2004Alfa-Banks Research Team has again been ranked among the top four in Russia by Institutional Investor Magazine — Moscow, Russia
For the second consecutive year, Alfa-Bank has been recognized by the international investment community and ranked among the top four Research Teams in Russia by Institutional Investor Magazine.
16 March 2004Alfa-Bank received the Operational Risk Achievement Award for Operational Risk Framework at a financial institution based in an emerging market from Operational Risk Magazine — London, UK
Accepting the Award for Alfa-Bank, Mr. Halperin, Director of Risk Management, noted this is the first time that Alfa-Bank has been recognised as best among banks in all emerging markets after winning numerous international awards as Best Bank on Russia and CIS territory.
11 March 2004Alfa-Bank has been ranked as Best Retail Bank in Russia 2004 — New York, USA
Global Finance magazine has named Alfa-Bank the Best Retail Bank in Russia 2004.
11 March 2004Alfa-Bank Expert Speaks on Attracting Foreign Investors to the Ukrainian Corporate Bond Sector in London UK, March 1011, 2004 — London, UK
Vadim Minchenko, Head of Fixed Income with Alfa-Bank Ukraine, spoke at the Ukrainian Capital Markets International Conference. With the fast growing Ukrainian economy, the corporate bonds sector becomes more attractive to the foreign investors. We are able to capitalize on our experience in this market and to promote needed services to potential investors, noted Minchenko.
09 March 2004Alfa-Bank Rated Highest in Corporate Reputation Among All Russian Banks — Moscow, Russia
The Expert Publishing Group has released the results of its annual study on “Corporate Reputation in Russia” and Alfa-Bank receives the highest reputation ratings of any Russian Bank.
02 March 2004Sergei Mednov, Chief IT Officer Alfa-Bank speaks on Information Security: Ways of Corporate Confidential Information Protection at The Strategic Role of IT in Russian Corporates Forum, March 2, 2004, Moscow Russia — Moscow, Russia
According to Sergei Mednov, Chief IT Officer of Alfa-Bank “with the recently passed Deposit Insurance bill Central Bank of Russia sets new information security standards for the Banks. This leads to the new approach of Alfa-Bank to the issues of information security policies and principles of business continuity”.
27 February 2004Oleg Tumanov, Deputy CEO and Chris Weafer, Chief Strategist Speak on Alfa-Banks Strategies for Corporate Governance and Investment Case in Russia at Entrepreneurial Ethics and Corporate Governance Conference — London, UK
According to Chris Weafer this is a critical transition year for economic policy in Russia. “The government is now in a very strong position with regard to available financial resources and support of the legislature to push its reform agenda and to achieve a better balance in the future growth drivers of the economy. But, to be successful the government needs to persuade Russian businesses and investors to bring cash back into the economy. At the same time they have to balance existing growth dependency on high oil revenues with the need to shift resources to the domestic sectors so as not to risk stalling current growth or hurting investment confidence” — emphasised Chris Weafer.
13 February 2004Global Finance names Alfa-Bank Best Bank in Russia for 2004 in three Categories — New York, USA
Global Finance magazine has named Alfa-Bank the Best M&A advisor, Best Trade Finance Bank and Best Foreign Exchange provider in Russia.
04 February 2004Global Finance names Alfa-Bank Best Bank in Russia for 2004 by two Categories — New York, USA
Global Finance magazine has named Alfa-Bank the Best Trade Finance Bank and Best Foreign Exchange provider in Russia.
03 February 2004Russias Alfa-Bank appoints Merrill Lynch and UBS for forthcoming Eurobond issue — Moscow, Russia
Alfa-Bank (Ba2/B/B+) announced today that it had appointed Merrill Lynch International and UBS Investment Bank jointly to lead manage its forthcoming Eurobond issue, which will be the first drawdown under the $400 million Euro Medium Term Note Programme. Both banks also were appointed as the Joint Arrangers of this Programme.
02 February 2004Petr Smida Appointed Chief Executive Officer of Alfa-Bank, Russia — Moscow, Russia
Alfa-Bank, Russia's largest privately owned bank, announced today the appointment of Petr Smida as CEO who will replace Alex Knaster.
20 January 2004Alfa-Bank Leads RussiaDeal League Table of Top 25 Financial Advisers in 2003 — Moscow, Russia
Alfa-Bank leads the top 25 list in the RussiaDeal League Table of Financial Advisers, 2003.
12 January 2004Kazimir Malevich: Suprematism an Art Exhibition Sponsored by Alfa-Bank Has Been Awarded as a Best Monographic Museum Show in the USA in 2002-2003 —
New York City, USA U. S. Art Critics Association, the United States section of the International Association of Art Critics, has awarded an exhibition “Kazimir Malevich: Suprematism” as a Best Monographic Museum Show organized nationally in 2002-2003.