07.02.2008 /Investing TransCreditBank Becomes 100% Owner of TransCreditCard - TransCreditCard (Closed Joint Stock Company) provides to members of TransCreditBank’s group and relationship banks a variety of processing, issuance and support services for international bank cards (with services currently covering over 2.1 mln cards), manages ATM (over 1,500 units) and POS-terminal (over 1,800 units) networks.

07.02.2008 /Operations Alfa-Bank starts providing clearing and settlement services in the wholesale electric power market - In this connection, the participants of the wholesale electric power market in different price zones shall transfer the required monetary funds to Alfa-Bank accounts sufficient enough to carry out such payments.

07.02.2008 /Operations TransCreditBank Opens a branch in Ufa - The Ufa branch is the 34th branch of the Bank. The new regional entity will focus on provision of comprehensive services to units the Bashkiria Division of Kuibyshev Railroad, other transport companies operating in this region, as well as to their partners.

07.02.2008 /Events Young Russian professionals gain international business experience in Russia - MBA Graduates and HR industry experts Point to Best Practice at Citibank. The awarded MA program aims to accelerate professional development of high-potential MBA graduates with several years of working experience. The MA program lasts 24 months and includes 4 rotations in the business areas of Credit & Risk, Finance, Sales & Marketing and Operations & Technology.