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Natalia Orlova, Chief Economist at Alfa Bank speaks on Banking Reforms in Russia at the 11th International Conference on The Russian Banking Sector 7th-9th December 2004, in London
08 Dec 2004
Speaking on optimising interbank relationship in Russia N. Orlova noted that after the banking mini-crisis last summer the interbank market remains very segmented despite the interbank rates already declined. "The interbank market volume should be increased with the help of the CBR which is now elaborating measures to enlarge the list of refinancing instruments for the banking community." Adam Smith Institute conference key note speakers included Andrey Kazmin, President & Chairman of the Board, Sberbank of Russia, Alexander Shokhin, Chairman of the Supervisory Board, Renaissance Capital, Nataly Nikolaeva, Vice President for Government Relations, Citibank. The conference focused on such specific areas as retail banking, creating a viable mortgage system, consumer lending, developing the insurance market, the future of pension services and wealth management.
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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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