08.06.2007 /Investing Alfa-Bank arranges auction to sell 25.03% RAO UES stake in OGK-5 - The auction trigger price equalled the fair market value of 24,658 billion roubles (954 million US dollars) as determined by an independent valuation. The bid increment was 200 million roubles (7.7 million US dollars), with the first increment reaching 342 million roubles (13.2 million US dollars).

08.06.2007 /Who's who IFC: Russian banker Vasily Vysokov competing for a Financial Times award in sustainable development for the first time ever - Vasily Vysokov, head of the Rostov-based bank Center Invest, is a finalist nominated for the Financial Times Sustainable Bankers of the Year Award. He will attend the award ceremony on 7 June in London.

08.06.2007 /Events Coordinators of SCO Interbank Association Member Banks Meet in Moscow - Coordinators focused on discussing multilateral projects that are of great importance for the economies of SCO member states. Using a pragmatic approach, they discussed projects in power engineering, transport infrastructure development, high technologies, in particular, on the territories of Kazakhstan, Kyrgyzia, and other SCO countries.