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March 18, 2002

Golden Telecom to buy rest of Russia's Sovintel.

MOSCOW, March 18 (Reuters) - Russian telecoms firm Golden Telecom said on Monday it had signed a deal to take full control of profitable joint venture Sovintel, buying out the 50 percent owned by partner Rostelekom . The transaction - for $56 million in cash and 15 percent of Golden's shares -...

TAG: Telecommunications

March 14, 2002
Alfa Group Consortium

Fitch Awards B+ Foreign Currency Rating To Tyumen Oil.

LONDON. March 14 (Interfax) - International rating agency Fitch has awarded a foreign currency and unsecured local currency rating of B+ (B plus) to Russia's Tyumen Oil Company (TNK), and a secured local currency debt rating of BB. The outlook for the ratings is stable, the agency said in a...

TAG: Other

March 07, 2002
ABH Holdings S.A.

Alfa Bank Named Best Russian Bank in 2002 by Global Finance Magazine

Alfa Bank was listed along with other top domestic banks from Central and Eastern Europe and Central Asia in the U.S. magazine's ninth annual survey of The Best Emerging Markets Banks. "Despite the difficult market conditions of the past year these banks continue to provide outstanding...

TAG: Financial Services

February 26, 2002
ABH Holdings S.A.

Alfa Bank takes lead with UK and Russian officials at ground-breaking London conference on Stop Money Laundering

Philip Halperin, Director of Risk Management at Alfa Bank, told the conference - the first of its kind in London - that prevention of money laundering was a serious undertaking that was ultimately good for business. "I am proud to say that Alfa Bank has taken the lead in attacking this...

TAG: Financial Services