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April 19, 2021
Alfa-Bank (Russia)

Alfa-Bank (Russia) Successfully Closed USD 350 mln Basel III Compliant Subordinated Eurobond Issue

Alfa-Bank has successfully closed the book of subordinated Tier 2 Eurobonds compliant with Basel III (Central Bank Regulation 646-P). The total amount of the subordinated loan is USD 350 mln, the call option is scheduled in 5.5 years, the maturity is in 10.5 years.

TAG: Financial Services

April 15, 2021
Alfa-Bank (Russia)

S&P revised Alfa-Bank (Russia) Outlook On ‘BB+/B’ To Positive On Resilient Earnings

S&P Global Ratings revised its outlook on Alfa-Bank to positive from stable. Long-term credit rating of the Bank was affirmed at the level of BB+.

TAG: Financial Services

March 11, 2021
X5 Retail Group

X5 launches import hub in Novorossiysk

X5 Retail Group has launched a logistics hub in Novorossiysk to handle the Company's imports and ensure their smooth delivery to X5 distribution centres.

TAG: Retail Trade

March 10, 2021
X5 Retail Group

X5, Sber and VISA roll out pay-with-a-glance technology at Perekrestok and Pyaterochka stores

X5 Retail Group, Sber and Visa have launched an innovative pay-with-a glance service at self-checkouts in X5 stores. Now available at 52 Perekrestok supermarkets, the service uses biometric identification based on X5's innovation lab technology and VisionLabs solutions. The new payment method is scheduled to become available at 150 Perekrestok supermarkets by the end of March, while in April several Pyaterochka proximity stores in Moscow are following suit. Visa is a strategic partner of the project.

TAG: Retail Trade