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September 19, 2002
ABH Holdings S.A.

Strategic Cooperation Agreement Between Alfa Bank and Gazprom

The cooperation agreements envisage the implementation of joint projects, including the provision of short-term financing to Gazprom to cover the company’s cash requirements, the management of its balance of payments and the opening of deposit accounts at Alfa Bank to temporarily hold Gazprom’s...

TAG: Financial Services

September 02, 2002
ABH Holdings S.A.

Alfa Bank upgraded by Standard&Poor’s to B- with Stable Outlook

“The upgrade reflects the bank’s good business franchise, as well as its improved financial profile and operational diversity in the context of better prospects for macroeconomic stability in Russia,” Standard & Poor’s said. “Over the past two years, the bank has expanded its commercial...

TAG: Financial Services

July 12, 2002
ABH Holdings S.A.

Euromoney names Alfa Bank Best Bank in Russia 2002

Euromoney said Alfa Bank could now be seen as the country's top universal bank. "It is Russia's largest privately owned bank, is profitable and holds the highest credit rating for a private financial company, something of an achievement after the financial meltdown in the banking sector in...

TAG: Financial Services

July 01, 2002
ABH Holdings S.A.

Alfa Bank Enters The Banker’s Top 1,000 World Banks Rankings

The Banker's widely-followed rankings are based on Tier One Capital as defined by Basel's Bank for International Settlements. By this yardstick, Alfa Bank with Tier One Capital of US $229 million is ranked 9th in Russia and 15th in Central and Eastern Europe. Alfa Bank is the largest private...

TAG: Financial Services