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

July 01, 2002. TAG: Financial Services

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 bank in Russia with assets of US $2.7 billion and shareholder equity of US $278 million. The Bank reported record profits in 2001 of US $85 million. Alfa Bank provides a full range of banking services - commercial banking, investment banking, asset management, trade finance and insurance. The Bank is currently rated B1 by Moody's, B with positive outlook by Fitch and CCC+ with positive outlook by S&P. Founded in 1990, Alfa Bank has more than 80 branches across Russia and fully licensed banking subsidiaries in Ukraine, Kazakhstan, and the Netherlands. The Bank's fast growing brokerage business has a FSA authorised arm in London and a NASD registered Broker-Dealer in New York. Inside Russia, Alfa Bank is a leader in mergers and acquisitions and debt capital markets, and one of the biggest issuers of banking cards. The Bank also runs the country's largest mutual fund.

ABH Holdings S.A.

ABH Holdings S.A. (ABHH) is a privately owned Luxembourg-based holding company investing into several banking groups in the CIS and Europe. ABHH includes Alfa-Bank (Russia), Alfa-Bank (Ukraine), Ukrsotsbank (Ukraine), Alfa-Bank (Belarus), Alfa-Bank (Kazakhstan) and Amsterdam Trade Bank N.V. You can find more information on ABH Holdings S.A.'s website