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23.07.2009 /Investing Transaction with GC "ESTAR" has been cancelled - After the acquisition of GC "ESTAR" assets in April, 2009 and a number of measures directed to rehabilitation of companies within the Group, Abukar Bekov has chosen an option to cancel the deal, which was previously agreed by the parties. His decision was caused by existing difficult situation in the metallurgical market of the country accompanied with an increase of social tension at several enterprises.

23.07.2009 /Events Russian President Dmitry Medvedev Signs the Federal Law Aimed at Enhancing the Efficiency of Investing Pension Savings Funds on the Financial Market - he Federal Law was passed by the State Duma on July 3, 2009 and approved by the Federation Council on July 7, 2009.

23.07.2009 /Operations Russian President Dmitry Medvedev Signs the Law that Provides for Banks to Obtain Subordinated Loans under the Scheme One to Three - A text of the law signed on July 17 was posted on the official site of the Russian President.

23.07.2009 /Bank's Ratings Alfa-Bank receives Awards for Quality and Dynamic Development in Cashless Settlements - J.P.Morgan and Commerzbank AG, two leading global banks, singled out Alfa-Bank as one of the best clearing banks based on 2008 results.

23.07.2009 /Operations On Signing a Protocol of Cooperation between Vnesheconombank and the Russian Union of Industrialists and Entrepreneurs - This Protocol aims to establish strategic partnership and promote long-term effective and mutually beneficial cooperation in implementing investment projects aimed at overcoming economic growth infrastructure restrictions and encouraging innovations to make the Russian economy more competitive.

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