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Alfa-Bank Ukraine

4/6 Desyatinnaya
Kiev 01025
Ukraine
Tel.+38 044 490 46 00
Fax+38 044 490 46 01
ir@alfabank.kiev.ua

CJSC Alfa-Bank is one of the most dynamic privately-owned banks in Ukraine that forms part of the Alfa Group Consortium. It was registered in Ukraine in January 2001. Alfa-Bank Ukraine operates in all key sectors of the banking sphere, including retail, corporate banking and arrangement and underwriting of corporate bonds. The Bank ranks among the country’s ten largest banks according to the National Bank of Ukraine (NBU).

The Bank enjoys recognition as a financial institution with a solid reputation, one that offers reliable, convenient and innovative banking services to its customers. As a member of Alfa Group, Alfa-Bank Ukraine has access to tried and tested best practices used by the Alfa Banking Group. This combination of international business standards and deep knowledge of the Ukrainian market, gives Alfa-Bank Ukraine a unique advantage.

The Bank offers its services through a network of branches, points of sale, auto loans financing desks and representative offices across Ukraine. By the beginning of January 2008, the bank had 39 branches, 1 033 points of sales (POS), 190 information-consulting centers, 250 auto loans financing desks at the local car dealerships, and representative offices in Moscow and Minsk.

The Bank’s strategic objective is to maintain and strengthen its position as a leader in Ukraine’s corporate banking sector and to develop itself as a leader in the Ukrainian retail and SME financing markets.

As at 31 December 2007, Alfa-Bank Ukraine had total issued share capital of $312.6 million*. Total assets reached $2.6 billion*, gross loans and advances to corporate customers and Small and medium enterprises amounted to $1.7 billion*, while gross loans and advances to individuals reached $590 million*. As compared to the end of 2006, the growth comprised 110%, 95% and 541%, respectively.

Alfa-Bank Ukraine’s largest corporate customers are among the Top 100 companies in the country. These companies are active in a variety of sectors, including railways, construction and real estate, retail and wholesale trade, power industry, etc. By the beginning of January 2008, the Bank had more than 2 775 corporate customers, more than 4 000 SME clients and more than 618 000 retail banking customers.

Alfa-Bank in Ukraine is one of the leading arrangers of UAH bond issues by Ukrainian companies. Today Alfa-Bank Ukraine offers a full range of services in the arrangement and underwriting of bond issues, from preparation of loan programmes to analytical coverage of the bonds during their entire circulation period. The bank has developed new approaches to UAH bond sales, which significantly increase opportunities for the issuers.

In December 2006, the Bank launched a debut Eurobonds issue of $160 million Loan Participation Notes due in 2009. In March 2007, it made a TAP issue of $185 million, which was consolidated to form a single series with the above notes. In July 2007, the Bank issued loan participation notes with a pair value of $200 million, due date in July 2010.

Ratings

Moody’s Investor Services has assigned Alfa-Bank (Ukraine) an FSR (Financial Strength Rating) of E+, a Ba3/NP Local Currency Deposit Rating, a B2/NP Foreign Currency Deposit Rating, and an Aa1.ua National Scale Rating. The Foreign Currency Senior Unsecured Debt Rating is Ba3. The outlook on the Foreign Currency Deposit Ratings is Positive, and the outlook on all the bank’s other ratings is Stable.

* Alfa-Bank Financial Statements for the year ended 31 December 2007 prepared in accordance with International Financial Reporting Standards.

Contact Information

Treasury and Capital Markets
Andrey Bobyshev
Tel.+38 044 490-16-71
Fax+38 044 499-10-35
Fixed Income Department
Alexander Pecherytsyn
Tel.+38 044 490-16-54
Fax+38 044 499-10-35
Sales and Trading
Alex Shnir
Tel.+38 044 499-10-47
Fax+38 044 499-10-35
FX & MM Department
Tatyana Popovych
Tel.+38 044 490-16-75
Fax+38 044 499-10-35
Financial Institutions Department
Igor Tykhonov
Tel.+38 044 495-30-42
Fax+38 044 499-10-35
Investor Relations
Iryna Kovalchuk
Tel.+38 044 499-10-41
Fax+38 044 499-10-35

Alfa Capital Ukraine

Alfa Capital Ukraine is an affiliate of Alfa Capital Holdings (Cyprus) Ltd, has been operating in the Ukrainian market since 1995 and is one of the most active brokerages in the country.

In 2006, the Ukrainian stock market once again proved its ability to attract international and domestic investors. The PFTS index grew by around 44.0% year-on-year, while Alfa Capital’s own KAC-20 index of the most liquid stocks increased by 22.0% year-on-year. Both of these benchmark indices reached record highs in 2006.

Overall, the market continues to be highly illiquid but the trend is positive, with total trading volumes on the PFTS nearly doubling to US$ 1.2 billion and total market capitalization growing to US$ 44.3 billion.

In January 2006, Alfa Capital Ukraine, in conjunction with Alfa-Bank, held its third annual investment forum in Kiev. Once again the forum attracted top-notch speakers from the government, industry and banking. Participants discussed Ukraine’s current economic situation, future development of its capital markets, the government’s privatization program as well as future business opportunities in Ukraine’s metals, energy and telecommunications sectors.

Research Department

Tel.+38 044 490-16-00
Head of Research, Strategy, Banking
Volodymyr Dinul
Tel.+38 044 490-16-14
Utilities, Oil & Gas
Victoria Gorbenko
Tel.+38 044 490-16-20
Metals
Oleg Yuzefovych
Tel.+38 044 490-16-17
Engineering & Chemicals
Denis Shauruk
Tel.+38 044 490-17-21
Consumer Goods
Tetyana Orlova
Tel.+38 044 490-16-19
Editorial
Orysia M. Kulick

Equity Sales

Tel.+38 044 490-16-16
Head of Sales
Sergei Grigorian
Sales Trading
Ivan Shehavtsov, Denis Dolmatov