Alfa Capital to focus on stock market

KYIV. Alfa Capital Ukraine has begun transferring part of its operations to KyivInvestBank, the company's board chair Valeriy Nilov announced. By the end of the year, Alfa will transfer its asset management, corporate finance, debt trading and fixed income operations to KyivInvestBank. In the future, it will focus on stock trading. In March, Alfa-Bank (Russia) acquired a 76% stake in KyivInvestBank and intends to turn it into a major subsidiary bank in Ukraine. (Aug. 8)