For the second year in a row JP Morgan Chase Bank presented Alfa Bank with Quality Recognition Award
17 Sep 2003

Mr. Chris Meritzis, Vice President & Area Manager for Central, Eastern Europe and Middle East congratulated Alfa Bank which had been named "one of the best" banks among all correspondent banks of JP Morgan Chase Bank throughout the world in terms of the quality of USD clearing payments for the year 2002. Alfa Bank has qualified for this award for the 2nd year in a row, which makes it even more valuable taking into account the significant Y-o-Y increase in the volume of transactions. Alfa Bank has won numerous awards, including Global Finance's Best Russian Bank, Best Trade Finance Bank and Best M&A Advisor in Russia 2003, Euromoney's Best Bank in Russia 2002, The Banker's Bank of the Year 2000.

Alfa-Bank Russia

Alfa-Bank, founded in 1990, has developed rapidly to become one of Russia's largest privately owned banks. It provides a full range of banking services — corporate banking, retail banking, investment banking, asset management and trade finance. The Bank has 229 branches over nine time zones in Russia, Kazakhstan and the Netherlands and subsidiaries in the United Kingdom and the United States.

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