Alfa Bank upgraded by Fitch Ratings to A (rus) National Long-term rating
18 Oct 2004
Fitch Ratings, the international rating agency, has today assigned the A (rus) National Long-term rating to Alfa Bank. According to Fitch, "the National rating of Alfa Bank reflects its strong franchise and status as the largest privately-owned bank in Russia, the quality and experience of the bank's management and to date its reasonable asset quality". Alfa Bank is rated Ba2 by Moody's and B by Standard & Poor's. For more information please contact Fitch Ratings Moscow at tel. + 7 095 956-99-01 and visit www.fitchratings.com
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