Alfa-Bank losses due to Cyprus will be minimal - chairman

March 2013
Russia & CIS Business & Financial Newswire;3/20/2013, p1
MOSCOW. March 20 (Interfax) - The losses for Alfa-Bank (RTS: ALFB) due to the decision to levy a tax on bank deposits in Cyprus, if it is carried out, will be minimal, Executive Board Chairman Andrei Sokolov told the press on the sidelines of the World Financial System: Global Challenges and Economic Growth conference Wednesday.


Related Articles

  • Kyiv's Alfa-Bank buys 99.77% of Bank of Cyprus for 202.5 mln euro. Interfax // Russia & CIS Business & Financial Newswire;4/18/2014, p1 

    KYIV. April 18 (Interfax) - Shareholders in Alfa-Bank (Kyiv) finalized a deal with Bank of Cyprus Group on April 17, 2014 for the acquisition of 99.77% stake in Ukraine's Bank of Cyprus (Kyiv) and the credit portfolio issued by the group to Ukrainian borrowers, Alfa-Bank's press service reported.

  • Russia's Alfa Bank disposes of shares in Ukrainian counterpart. Interfax // Russia & CIS Business & Financial Newswire;4/ 1/2014, p1 

    KYIV. April 1 (Interfax) - Cyprus-based ABH Ukraine Limited, part of international consortium Alfa Group, consolidated 100% stake in Alfa Bank (Ukraine) on March 31, the Ukrainian bank said.

  • Chairman of Board of Directors at Alfa-Bank Kazakhstan replaced. Interfax // Kazakhstan General Newswire;12/22/2015, p1 

    ALMATY. Dec 22 (Interfax-Kazakhstan) - The Board of Directors of Alfa-Bank Kazakhstan, a subsidiary of Russia's Alfa-Bank, has appointed Ilya Poz chairman of the Board of Directors, the press office of the bank has said.

  • Trust Bank chairman may be replaced - paper. Interfax // Russia & CIS Business & Financial Newswire;2/26/2014, p1 

    MOSCOW. Feb 26 (Interfax) - Trust Bank (MOEX: HBTT) Chairman Fyodor Pospelov is quitting the bank and may be replaced by Valery Novikov, who formerly worked for Alfa Bank (MOEX: ALFB), Vedomosti newspaper reported Wednesday.

  • SB Alfa Bank Kazakhstan CEO resigns. Interfax // Kazakhstan General Newswire;10/28/2016, p1 

    ALMATY. Oct 28 (Interfax-Kazakhstan) - The Board of Directors of Kazakhstan's subfigure Alfa-Bank has terminated the powers of Chairman of the Management Board Danila Smirnov, Kazakhstan Stock Exchange said.

  • Belrosbank now called Alfa Bank Finance. Interfax // Russia & CIS Business & Financial Newswire;3/11/2013, p1 

    MINSK. March 11 (Interfax) - The National Bank of Belarus (NBB) has registered changes to the charter of CJSC AKB Belrosbank due to its renaming as CJSC Alfa Bank Finance.

  • Alfa Bank sees possibility for alliances with global players - Aven. Interfax // Russia & CIS Business & Financial Newswire;10/26/2012, p1 

    MOSCOW. Oct 26 (Interfax) - Alfa Bank (RTS: ALFB) sees a possibility to enter the Western European market through a consolidation or alliance with global players in the current macroeconomic situation, chairman of the bank's board of directors Petr Aven told reporters.

  • Central Bank expects raising provisions, risk ratios to stabilize consumer credit market. Interfax // Russia & CIS Business & Financial Newswire;10/18/2013, p1 

    MOSCOW. Oct 18 (Interfax) - Raising loan loss provisions and risk ratios will be sufficient to cool off Russia's consumer credit market and slow its growth to 20-25% by the middle of 2014, the acting director of the Central Bank's financial stability department, Sergei Moiseyev said at a banking...

  • Fitch affirms rating of Alfa Bank parent company at 'BB+'. Interfax // Russia & CIS Business & Financial Newswire;4/12/2013, p1 

    LONDON. April 12 (Interfax) - International ratings agency Fitch has affirmed the long-term issuer default rating (IDR) of Cyprus-based ABH Financial Limited (ABHFL), the parent company of Alfa Bank (RTS: ALFB), at 'BB+' with a stable outlook and its short-term IDR at 'B', the agency said in a...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics