JP Morgan Chase Bank honored Alfa Bank with Elite Quality Recognition Award
30 Aug 2004

During the last visit of JP Morgan Chase Bank representatives, Alfa Bank was honored with Elite Quality Recognition Award in the category of "US Dollar Clearing." Mrs. Natalia Kroupnova, Vice President at JP Morgan Chase Bank, Moscow and her London colleague Mr. Peter Vernon, Vice President, Treasury Services handed over the award to Mr. Miroslav Boublik, Alfa Bank's Chief Operating Officer.

Mrs. Kroupnova said that based on the performance results in 2003 Alfa Bank was named among the best correspondent banks for the extremely high volume of USD straight-through payments. The word "Elite" in the award is a testimony to the fact that the quality level goes beyond 99%.

Commenting on the event, Mr. Boublik said that the award by JP Morgan Chase Bank demonstrates a high degree of appreciation for Alfa Bank's work in the clearing market. "We are confident that the noted professionalism of Alfa-Bank's team will continue to satisfy the highest international standards", - underlined Miroslav Boublik. During the meeting Alfa Bank and JP Morgan Chase Bank discussed their current relationship and prospects for further development.

Early in 2002 and 2003, Alfa Bank also won Quality Recognition Awards by JP Morgan Chase.

Alfa-Bank Russia

Alfa-Banking Group includes Alfa-Bank Russia which is today one of the largest privately owned banks in Russia. It also includes Alfa-Bank Ukraine, one of the top-ten largest banks in Ukraine.  Alfa-Banking Group also comprises  banks in the Netherlands, in Belarus and in Kazakhstan as well as presence in Cyprus, the United States and the United Kingdom. The Group offers a wide range of products and operates in all sectors of the financial market, including corporate and retail lending, deposits, payment and account services, foreign exchange operations, cash handling services, custody services, investment banking, trade finance and other ancillary services to corporate and retail customers.
 
Alfa-Bank Russia, 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. In 2010, Alfa-Bank Russia had 364 branches over nine time zones in Russia, the Netherlands and the United Kingdom, also had presence in the United States and Cyprus.

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