Company Overview of Alfa Group Consortium
Alfa Group Consortium, a conglomerate, engages in the fields of financial services, oil and gas production, investment, retail, telecommunications, and water supply and disposal in Gibraltar and internationally. Its financial services include corporate banking, retail banking, deposits, payment and account, foreign exchange operations, cash handling, custody, investment banking, trade finance, asset management, individual trust asset management, and private equity and real estate investment advisory services, as well as retail insurance products. The company also produces and markets oil and gas; operates refineries; operates service stations selling petroleum products; operates soft discoun...
4 Irish Place
Founded in 1989
Key Executives for Alfa Group Consortium
Chief Executive Officer and Member of The Alfa-Banks Board of Directors
Founder and Chairman of the Supervisory Board
Director of Corporate Development
Chief Executive Officer of AlfaStrakhovanie Group
Compensation as of Fiscal Year 2012.
Alfa Group Consortium Key Developments
Alfa Group Reportedly Interested In Uniastrum Bank
Mar 28 13
Alfa Group Consortium is seeking to acquire Uniastrum Bank LLC of Bank of Cyprus Public Company Limited. Yannis Kypri, Ex Chief Executive of Bank of Cyprus earlier held talks with Russian investors , a source close to Kypri said. But the results of the negotiations are unknown. A source close to Uniastrum believes that Georgy Piskov and Gagik Zakaryan, Uniastrum's minority shareholders may object to a possible transaction with Alfa. "Alfa-Bank is known for its harsh policy in respect of its subsidiaries as well as for reluctance to cooperate with minority shareholders," he added.
Alfa Group To Reportedly Complete Acquisition Of IDS In January 2013
Jan 22 13
Alfa Group Consortium will complete the acquisition of a controlling interest in IDS Borjomi Beverages in late January 2013, reported The Forbes. Vladimer Tatarchuk, Head for Corporate Investments Bank block of Alpha Group has been involved in the deal. Alfa Group abstains from unveiling the agreement details before the conclusion of the agreement. According to the Forbes, the value of 100% stake in IDS Borjomi is $500 million, according to which Patarkatsishvili's family will receive $240 million to $250 million for sale of their stake.
Alfa Group Plans To Acquire Bank In Belarus
Nov 8 12
Alexei Zagarin, Managing Director of Open Joint Stock Company Alfa-Bank said that Alfa Group Consortium is in negotiations to acquire a bank in Belarus. Zagarin said, “Taking into account that competition is quite tough in the world and there are free niches in Belarus, we need to occupy them." Zagarin did not disclose any information about which bank would Alfa Group like to purchase. According to Belarusian experts, Alfa Group might be in talks with Belarusian Bank of Development and Reconstruction Belinvestbank Joint-Stock Company (Belinvestbank).
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