17.07.2007 /Bank's Ratings
 Alfa-Bank recognized as Best Bank in Russia in 2007
Alfa-Bank has been recognized as the Best Bank in Russia in 2007 by Euromoney magazine. Announcing its decision, the Euromoney jury said that “Alfa-Bank is the real deal in the fast-growing Russian banking market. Alfa has a true universal banking franchise, with well-established retail, corporate and investment banking arms, and although its branch network is much smaller that those of Sberbank and VTB it nevertheless boasts a true nationwide reach that enables it to take full advantage of the strong economic growth in Russia’s far-flung regions. The bank can also lay claim to a number of impressive capital market transactions, with a series of well-received debt issues at home and abroad in both plain vanilla and structured credit formats.” In reaction to the award, Petr Smida, Chief Executive Officer of Alfa-Bank, said: “It is great news for us. We see the Euromoney award as recognition of our efforts in building a world-class universal bank with Russia nation-wide reach. We are grateful to Euromoney and we take this award as encouragement to stick to our growth strategy and to expand our leadership in Russian banking market.” In 2007 Euromoney magazine also recognized the following banks: UBS (Best Debt House), Dresdner Kleinwort (Best Equity House), and Deutsche Bank (Best M&A House). In the past, Euromoney has named Alfa-Bank with the following awards: Best Forex Bank in Russia (2006), Best M&A Deal in Russia (2004), Best M&A House in Russia (2004), Best Bank in Russia (2002), and Highly Recommended (2000). Global Finance magazine also chose Alfa-Bank as the Best Trade Finance Bank in Russia in 2007. Since 1992 Euromoney, the world’s leading publication for the global banking and capital markets, has singled out the outstanding institutions in the most dynamic, competitive and profitable industry of all — finance. Each year, Euromoney team of editors and journalists scour the globe for the firms, and the people that run them, that have shown consistent excellence in what they do — in terms of service to clients, returns to shareholders and pushing the boundaries of what is possible in finance. Euromoney awards have one central theme — they recognise institutions and individuals that demonstrate leadership, innovation, and momentum in the markets in which they excel. Alfa-Bank, one of the Russia’s largest privately owned banks, was founded in 1990. Alfa-Bank is present in every key sector of the financial service industry, including corporate banking, retail banking, investment banking, trade finance, insurance and asset management. The Bank is ranked among the most reliable and dynamically developing financial institutions that combines a thorough knowledge of the specific characteristics of the Russian market with the very highest Western standards. Alfa-Bank’s branch network has grown to 229, including subsidiary banks in Russia, Kazakhstan and the Netherlands. In addition to banking, the Alfa Banking Group has regulated FSA and NASD brokerage subsidiaries located in London and New York.
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