• Alfa-Bank specializes in precious metals

    By the end of May the division was actively engaged in operations involving precious metals and in June sold close to 4 tons of gold and 30 tons of silver. Alfa-Bank bought precious metals from prospectors and on the inter-bank market. Alfa-Bank currently works with various gold mining companies located in Magadana, Yakutia, Irkutsk region, … Continued

  • Alfa-Bank lends to companies in the Irkutsk region

    The Irkutsk Branch of Alfa-Bank established in March 1999 will extend credit to these companies. Clients of the branch include the largest companies of the region such as Baikal Cellulose Paper Plant, Irkutskkabel, Agrodorspetstroy, and Kedr.

  • Alfa-Bank lends to companies in Russiaфs regions

    In addition, Alfa-Bank decided to open a credit line to Pervouralsky New Pipe Plant for 12 months. The credit limit will be RUR50 million. The Ekaterinburg branch will open the line to the plant. Alexander Lukanov, Deputy Chairman of the Executive Board, commenting said, хLending to medium and large manufacturing companies is one of the … Continued

  • Alfa expands in hope of Russian revival

    In a clear indication of its global ambitions, Russia's Alfa-Bank has received full FSA accreditation for its UK subsidiary, Alfa Securities. It is the bank's first license outside the CIS and is ? precursor to the addition of a New York license some time next year. Pyotr Aven, president of the bank, says that Alfa … Continued

  • Propaganda and Dreams exhibition opens in Moscow, photos of the US and USSR from the 1930s Alfa-Bank sponsors the exhibition

    The “Propaganda and Dreams” Exhibition Opens in Moscow, Photographs of the US and USSR from the 1930s. Alfa-Bank Sponsors the Exhibition The exhibition was on display in Washington D.C. at the Corcoran Gallery of Art from June to October of 1999 and in New York at the International Center of Photography from November 1999 to … Continued

  • The regional government of Saratov and Alfa-Bank signed an agreement to cooperate

    The Saratov region and Alfa-Bank intend to participate in regional investment projects, which develop infrastructure and agriculture. According to the agreement, the Saratov region will allocate funds from its budget to support projects with Alfa-Bank. The government of the Saratov region will create preconditions and statutes that ensure successful project development and support. Alfa-Bank will … Continued

  • $200m Issue for Alfa-Bank

    Alfa-Bank, the bank at the heart of one of Russia's largest conglomerates, plans to tap the international capital markets this year, in what would be the first issue by a Russian borrower since the 1998 financial crisis. The bank, part of Alfa Group, would seek to raise about $200m to help finance expansion, Pyotr Aven, … Continued

  • Alfa Securities Ltd. receives full SFA accreditation & announces intention to build asset management arm

    This provides Alfa Securities the legal right to engage in securities and corporate finance transactions in the United Kingdom and other member countries of the European Union (EU). Pyotr Aven, President of Alfa-Bank, commenting on the accreditation said: “SFA accreditation allows us to accelerate our business strategy. Our initial focus is on Western portfolio and … Continued

  • Ministry of Culture of the Russian Federation and Alfa-Bank sign an agreement to cooperate

    According to the agreement, the Ministry of Culture and Alfa-Bank will work together in organizing cultural events, involving Russian and foreign artists, exhibitions, charity and other social events for the arts. To expand audiences of cultural events with the best Russian and foreign art in the regions is a priority of joint cooperation. Both parties … Continued

  • Alexander Gafin, Vice President of Alfa-Bank, is awarded the Golden Pushkin Medal

    For ten years, Alfa-Bank has done everything possible to preserve and promote Russia’s cultural treasures. Thanks to support from Alfa-Bank, well-known ballet and theater productions perform. Exhibitions, new cultural projects and programs for youth are organized. The Golden Pushkin Medal, created for Pushkin’s 200-year anniversary by the Union of Russian Artists, is a unique award. … Continued