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October 11, 2019
Alfa-Bank (Russia)

Alfa-Bank (Russia) and NLMK launch Foreign Trade Finance Pilot Transaction with Commerzbank and Vesuvius GmbH via Marco Polo

Alfa-Bank and Novolipetsk Steel Company (NLMK), in cooperation with Commerzbank, Germany, and Vesuvius GmbH, Germany, have launched a pilot project of cross-border payments via the Marco Polo international trade finance network.

TAG: Financial Services

September 12, 2019
Alfa-Bank (Russia)

Alfa-Bank (Russia), X5 Retail Group launch Russia’s first liquidity management blockchain service

Alfa-Bank and its partner, X5 Retail Group, have launched customizable service Distributed Treasury and Cash Management (DTCM), which enables the bank’s corporate clients to manage their payments, loan and deposit products, and liquidity pool inside the holding. DTCM is a bridge to the Bank-as-a-Service (BaaS) model for corporations.

TAG: Financial Services

September 11, 2019
Alfa-Bank (Russia)

Alfa-Bank (Russia) joins Interbank Information Network®

Alfa-Bank has joined J.P. Morgan’s Interbank Information Network® (IIN®).

TAG: Financial Services

August 22, 2019
Alfa-Bank (Russia)

Alfa-Bank (Russia) Announces IFRS Results for the First Half of Year 2019

The Alfa Banking Group, which includes ABH Financial, AO «Alfa-Bank» and its subsidiaries, reported the IFRS financial results for the First Half of 2019.

TAG: Financial Services