Company Overview of Joint Stock Company Alfa-Bank
Open Joint Stock Company Alfa-Bank provides various financial products and services to corporate and retail customers. It offers corporate and retail banking products and services, including loans, deposits, and credit cards; SME, trade, and structured finance; leasing; and factoring. The company also provides investment banking services comprising advisory and brokerage services, such as proprietary research, equity and derivatives transactions, fixed income sales and trading, and corporate finance. In addition, it offers equity research, payment and account, foreign exchange, cash handling, and custody services. The company operates through approximately 672 branches in the Russian Federat...
27 Kalanchevskaya Street
Founded in 1990
Key Executives for Joint Stock Company Alfa-Bank
Chief Executive Officer, Member of Executive Board and Director
Deputy Chairman of Executive Board and Chief Financial Officer
Director and Chief Executive Officer of Alfa's Banking Group
Chief Executive Officer of Alfa Capital Markets (UK)
Compensation as of Fiscal Year 2015.
Joint Stock Company Alfa-Bank Key Developments
Alfa-Bank Report Earnings Results for the First Half of 2015
Aug 31 15
Alfa-Bank reported earnings results for the first half of 2015. For the period, the bank had net profit of RUB 682.955 million to IFRS against RUB 18.569 billion last year.
Alfa-Bank Reportedly Halted Talks To Acquire Uralsib
Aug 31 15
Joint Stock Company Alfa-Bank halted talks on the acquisition of assets of Finansovaya korporatsiya URALSIB OAO, including Open joint stock company BANK URALSIB (MICEX:USBN), Vedomosti reported on August 27, 2015, citing a source close to the shareholders of Alfa-Bank.
Uralsib's Owner Reportedly Fails To Finalize Deal With CBM Owner; Alfa Bank Eyeing Bailout
Aug 7 15
The principal shareholder of Open joint stock company BANK URALSIB (MICEX:USBN), Nikolai Tsvetkov and Credit Bank of Moscow (open joint-stock company) (MICEX:CBOM) (CBM) principal beneficiary Roman Avdeyev have halted negotiations regarding the sale of at least 75% plus one share in Finansovaya korporatsiya URALSIB OAO (FC Uralsib), business daily Vedomosti reported citing banking sources. One source stated that deal fell apart as the parties could not reach an agreement. The Central Bank did not approve the deal, another source said. Roman Avdeyev wanted to essentially get Nikolai Tsvetkov’s entire 93% stake in FC Uralsib in exchange for recapitalizing Uralsib. The terms of the deal provided for this possibility. But Tsvetkov changed his mind about selling the bank for a symbolic price and asked for a "substantial sum," about $100 million, which Avdeyev was not willing to pay. Now the main suitor for Uralsib is Open Joint Stock Company Alfa-Bank. Alfa Bank is interested, but it does not want to buy Uralsib, it wants to oversee its financial turnaround, sources said. The Central Bank has offered Alfa Bank about RUB 280 billion for the bailout of Uralsib, but Alfa Bank considers this amount to be insufficient, the report stated. Meanwhile, Nikolai Tsvetkov is looking for another buyer for the bank and is in talks with B&N Group, the report stated citing one source.
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