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September 09, 2003
ABH Holdings S.A.

Alfa Bank increased Amsterdam Trade Bank N. V. paid-in capital to 40 million EUR

On 3 September Alfa Bank increased the capital of its subsidiary bank in the Netherlands - Amsterdam Trade Bank N. V. (ATB) to 40 million EUR. The increase was achieved through the purchase of an additional ATB equity issue in the amount of 26 million EUR. Pavel Gorbatsevich, Alfa Bank's...

TAG: Financial Services

September 02, 2003
ABH Holdings S.A.

Alfa Bank’s rating was upgraded by Standard & Poor’s to “B” with Stable Outlook

Standard & Poor's states that the ratings on Alfa Bank reflect the bank's good business franchise and the improved diversity of its business lines, offset by the bank's large single-party concentrations, including to other Alfa Group members, and the still high level of risk for all banks...

TAG: Financial Services