Position regarding unreliable information in mass media

News 07 december 2018 - 13:33

Recently, in the mass media and social networks, the number of publications on the possible sale of Alfa-Bank JSC (Russia) has appeared. This information is unreliable and repeatedly denied by representatives of the banks in the media.

We would like to draw your attention to the fact that Alfa-Bank JSC (Ukraine) is part of the private investment holding company ABH Holdings S.A. (ABHH) headquartered in Luxembourg with investments in financial institutions in Ukraine, Belarus, Kazakhstan, the Netherlands and Russia, having representative offices in Cyprus and the United Kingdom. All ABHH banking institutions are independent entities, are not subordinate to each other or to any one of the banks of the group, are not interdependent, have their own development strategy and governing bodies, and are responsible for activities in the country of operation. Taking the above mentioned into consideration, Alfa-Bank JSC (Ukraine) and Alfa-Bank JSC (Russia) are equal entities of the international banking group ABHH and in no other way interconnected operationally.

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