Alfa Bank has been ranked as Best Retail Bank in Russia 2004
11 Mar 2004
Alfa Bank, Russia's largest private bank, has been honored with Global Finance Annual Award for its notable results of the campaign to launch Alfa Bank Express, the new retail network of the Bank and dynamic growth in the Bank's retail client base. "We hope that potential retail customers will come to equate the words 'Alfa Express' with good banking", says Maciej Lebkowski, Member of the Board of Directors, Director of Alfa Bank Retail Business. "Alfa Bank Express is also a vitally important project for Alfa Bank. Now, after a successful launching in Moscow, we will develop it in other parts of the country". Alfa Bank Express was launched in April 2003 and now provides state-of-the-art retail services for private individual and SME customers at its 20 brand new outlets in Moscow. The Bank's retail-services network reached 100 offices all over the Russia. Early in 2004, Alfa Bank has been ranked by the Global Finance as a Best Bank in Russia in 3 other categories: Forex operations, M&A business and Trade Finance. "The Russian banking sector continued to show resilience and the ability to innovate and adapt," says Global Finance publisher Joseph D. Giarraputo. "Russia's banks show every sign of being able to mature and meet coming challenges in financing the country's companies, consumers and savers." These will be published as a part of an exclusive survey in the April 2004 issue. Global Finance editors - with input from end users, analysts, corporate reports and other expert sources - selected the best banks on a variety of criteria, both objective and subjective. Factors considered included: market leadership, innovation, commitment to markets and evidence of long-term strategy. Global Finance, which enters its 17th year of publishing in 2004, has 50,000 subscribers in 108 countries. This audience includes chairmen, presidents, CEOs, CFOs, treasurers, and other financial officers responsible for making investments and strategic business decisions for large global companies and financial institutions. Global Finance targets most of the 8,000 key portfolio investors who control over 80% of all assets under professional management. For additional information and the complete list of honored companies please contact the Global Finance office, tel: +1 212 447 7900 ext. 222.
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