CJSC Alfa-Bank is one of the most dynamic privately-owned bank 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 organizing and underwriting of corporate bonds. As of August 1, 2007 the Bank made the list of the country’s ten largest banks, according to the Association of Ukrainian Banks (AUB).

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, smaller outlets, representative offices, and points of sale located in the most economically developed areas of Ukraine. By the end of September 2007, the bank had 33 standard branches, 66 mini-branches 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 gradually develop itself as a leader in the Ukrainian retail and SME financing markets.

As at 30 June 2007, Alfa-Bank Ukraine had total issued share capital of $172.6 million.

By June 2007, total assets reached $1,913 million, the corporate gross loan portfolio totaled $1,487 million, and the gross retail loan portfolio amounted to $ 225 million. As compared to the end of December 2006, the growth comprised 55%, 87.3% and 230%, 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 metallurgy, railway transport, oil and gas etc. By the end of June 2007, the Bank had 2,050 corporate customers and more than 370,000 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 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 will be 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, nominal interest rate of 9.25% p.a. and due date in July 2010.

www.alfabank.ru