News

  • New Executive Board has been elected at Kievinvestbank

    Continuing the process to reorganize Kievinvestbank into Alfa-Bank Ukraine, a new Executive Board of Kievinvestbank was elected: Dyukarev, Nikolai Yurevich Kramarenko, Natalia Leonidovna Lvov, Oleg Petrovich Mikhailo, Viktoria Victorovna Padalko, Alexander Anatolevich Polovko, Sergei Nikolaevich Yatsenko, Irina Mikhailovna New Executive Board members are: Alexander Padalko, former Deputy Chairman of Eximbank’s Executive Board and elected Chairman of Kievinvestbank’s Executive Board, Irina Yatsenko, former … Continued

  • Alfa-Bank and Tyumen Oil Company begin joint Visa-Alfamobile program

    Visa-Alfamobile cardholders receive discounts of 5% to 30% for car rentals, insurance policies, service centers, parts, legal assistance and technical help in case of emergencies. Since May 2000, car owners holding Visa-Alfamobile cards can save money practically every day. According to the joint project of Alfa-Bank and Tyumen Oil Company, a 3% discount is available … Continued

  • Best emerging market banks

    Alfa-Bank is arguably the slickest bank in Russia. Although a fraction of the size of Sberbank, Alfa-Bank is Russia's biggest privately owned bank and was one of the few big banks that did not cut down its operations after the August 1998 crisis. It is planning to tap the international capital markets this year to … Continued

  • Acquiring turnover was USD80 million for the first quarter of 2000

    Alfa-Bank began providing acquiring services for retail outlets in Vladivostok and Perm, and continued to develop the business in regions where its branches operate. In the first quarter, Alfa-Bank accepted American Express at its acquiring outlets. By the end of the first quarter, more than 200 companies were enlisted in Alfa-Bank’s Visa-Alfamobile and My World … Continued

  • Russian capitalists vie to reunite Soviet industrial monoliths: Ukrainian and Russian companies are rediscovering ties from the old Gosplan days

    Handsome, single, and extremely rich, Oleg Deripaska, 32, chairman of Russia's giant Siberian Aluminium Group, is described as “one of Europe's most eligible bachelors”. But last month, Mr Deripaska put together a marriage that could have profound implications for his country and Europe as a whole. His company bought an alumina-making plant in Ukraine, setting … Continued

  • Alfa-Bank and GEO magazine conduct a joint campaign

    From April 17 to August 10, 2000, Alfa-Bank and GEO magazine will conduct a joint promotion campaign. All clients that open a Visa or Eurocard/MasterCard account at Alfa-Bank and submit a special coupon will receive a free subscription of GEO. Alfa-Bank plastic cards will become a reliable and safe means of payment for those who subscribe to GEO and use their cards locally. One can subscribe for … Continued

  • The hybrid banker

    Alexander Knaster, the CEO of Russia's Alfa-Bank, is not waiting to see whether the newly elected Russian president will be a reformist. He's building the most successful bank in Russia. The election, on Mar. 26, of Vladimir Putin as president of Russia is likely to make the country more stable and enable the economy to … Continued

  • Moscow Virtuosi met success in Frankfurt

    Music lovers met the chamber orchestra with great interest. In the evening of April 16 in Alte Oper, the audience applauded seven encores. The program included works of Mozart, Shostakovich and Tchaikovsky. Famous businessmen attended the concert, including bankers of large financial institutions that have offices located in Frankfurt, a financial capital of the world. … Continued

  • Central Bank of the Russian Federation registers four Alfa-Bank regional branches

    Alfa-Bank Novosibirsk, a subsidiary of Alfa-Bank, was reorganized as a Novosibirsk branch. On April 6, 2000, Alfa-Bank Novosibirsk was removed from government’s credit institution list and then registered as a branch by the Central Bank. Siberian Bread Bank became Alfa-Bank Novosibirsk when Alfa-Bank purchased a stake in 1998. Within 1.5 years, 1,000 business accounts were … Continued

  • Tyumen Oil Company and Alfa-Bank issues gas cards

    The current project is a step forward in expanding and improving service at Tyumen Oil service stations. Currently, the company’s station network has more than 600 stations. After upgrading the Ryazan Oil Refinery, Tyumen Oil hopes to have 1,000 service stations by the middle of 2001. By using Alfa-Bank’s new card, companies can simplify accounting … Continued