News

  • Alfa-Bank helps children of the crew that served on Kursk

    The children will be covered upon reaching the age of 16, those older will be covered for one year with the right to receive money any time during the contract. Insurance makes provisions for providing coverage upon receiving funds from other policies. Alfa-Guarantee, a subsidiary of Alfa-Bank, and the Eastern European Insurance Agency (VEStA) will … Continued

  • 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) … Continued

  • Alfa-Bank signs an agreement to cooperate with the authorities of the city and region of Krasnodar

    The agreement was signed during a visit of representatives from Alfa-Bank in Krasnodar. An official presentation of the Krasnodar branch took place on September 8. Representatives met with the governor, government officials of Kuban, and business leaders. The branch opening in the capital of Kuban and the signing of the agreement to cooperate with regional … Continued

  • Alfa-Bank signs an agreement to cooperate with the authorities of the city and region of Rostov on the Don

    Vladimir Chub, the governor of the Rostov region, commented by saying that “upon Alfa-Bank’s arrival new opportunities appeared among those who were interested in bringing money into the region. Our meeting today was a milestone reached in developing the local economy. We always valued reasonable and responsible partners, such as Alfa-Bank and Alfa Group. Within … Continued

  • Alfa-Bank’s website places first among fifty of the best bank sites

    Internet Marketing, a market research company based in Moscow, developed a methodology to rate each bank site. Using this methodology, the company was then able to determine a rating for each bank. The analysis consisted of two sections: content and form. Content is the information itself, whereas form is how the information is presented, its … Continued

  • Country Awards Russia  — Alfa-Bank

    Alfa-Bank, Russia's largest privately-owned bank, performed the best of a group of banks which still leave a lot to be desired. The banking sector, like the country itself, is undergoing significant reform and corruption, lack of transparency and inefficiency still tend to be dominant themes. Nevertheless, unlike many banks which disappeared as a result of … Continued

  • Alfa-Bank allows funds to be transferred free of charge to accounts for families of the crew that served on Kursk

    Free transfers exist in special accounts of Alfa-Bank, like those of government and non-profit organizations in banks in Russia allocated for raising funds to help families of crew members.

  • Alfa-Bank increases its stake in Kievinvestbank

    Alfa-Bank currently controls 76 percent of Kievinvestbank. This includes Ostra-Kiev (insurance company belonging to the bank) and other affected companies. According to Yevgeny Bernshtam, “The next step for our Ukrainian subsidiary will be to increase the charter capital to UKG73 million. This growth will allow Alfa-Bank to become among the ten largest banks of the … Continued

  • Wimm-Bill-Dann gains control of Timashevsk Dairy

    Alfa-Bank is the financial consultant for the transaction. Currently all interested parties are actively contributing to put the agreement into practice. Yevgeny Ioffe, Vice President of Alfa-Bank comments, “This transaction will be beneficial for all parties. Wimm-Bill-Dann will be able to expand. Shareholders entered a very promising contract. The dairy is guaranteed continued growth. The … Continued

  • Alfa-Bank announces commitment to collaborate with Golden Telecom subsidiary TeleRoss

    Moscow, August 10, 2000 – Alfa-Bank and TeleRoss, the core group of companies operating under the trademark of Golden Telecom, (GTI) (Nasdaq: GLDN), a leading facilities-based provider of integrated telecommunications and Internet services throughout Russia and other countries of the CIS, have signed an intention agreement in which they claim their willingness to look into … Continued