Moody’s Investors Service raised Alfa-Bank foreign currency deposit rating to Ba1
09 May 2007

On May 4, 2007 Moody’s Investors Service raised the foreign currency deposit rating on Alfa-Bank to Ba1 from Ba2 as part of the application of its refined joint default analysis (JDA) and updated bank financial strength rating (BFSR) methodologies. Alfa-Bank financial strength rating was upgraded to D+ from D. The foreign currency senior unsecured debt rating was upgraded to Ba1 from Ba2. The foreign currency subordinated debt rating was raised to Ba2 from Ba3. The outlook on all of the Bank’s ratings is stable.

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.

SEARCH