CJSC «Alfa-Bank» is one of the privately-owned banks in Ukraine that is part of the international Alfa Group Consortium. The Bank holds leading positions in all segments of the Ukrainian banking market. According to NBU statistics, the Bank was the 9th largest bank in Ukraine in terms of total assets and the 3rd largest in terms of customer accounts of legal entities as of April 1, 2009.
Alfa-Bank enjoys recognition as a financial institution with solid reputation, one that offers reliable, convenient and innovative banking services to its customers. As a member of Alfa Group Consortium, 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 support of the Bank’s shareholders allowed it to enjoy good capitalization through regular share capital injections in 2008.
The Bank’s key positions in Ukrainian banking sectors were recognized by numerous ratings and surveys. As the result of the successful development and implementation of new retail deposit products and services, the Bank won «The Best Deposits Program» category in the «Favourites of Success 2008» contest based on a research study of consumers’ preferences certificated by the International Research Agency «InMind». Following the results of 2008, a national rating agency «Credit Rating» assigned the Bank the highest possible A+ financial strength rating.
Alfa-Bank’s IFRS figures are audited by PricewaterhouseCoopers. Bank has been assigned ratings by international rating agencies Moody’s Investors Service and Standard & Poor’s.
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
|
Equity Sales
|
