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
Member of Supervisory Board and Chief Executive Officer of Alfastrakhovanie Group
Compensation as of Fiscal Year 2013.
Alfa Group Consortium Key Developments
Roman Tchaikovsky May Acquire Stake In Independence Group
Jan 23 14
Roman Tchaikovsky, founder of The Independence Group is likely to acquire 49.95% stake from Alfa Group Consortium’s companies and Goldman Sachs Group, Merchant Banking Division for $300 million, the Kommersant reported. One of Independence Group's Board Directors told Kommersant: "Roman Tchaikovsky is active at the final stage of purchasing the stake held by Alfa and Goldman Sachs." He added that the transaction would be completed in the first half of 2014. U.S.-based investment funds may provide financing for the transaction.
Alfa Banking Group Announces Earnings Results for the First Half of 2013
Sep 3 13
Alfa Banking Group announced earnings results for the first half of 2013. For the period, on the basis of IFRS, the company's net profit amounted to USD 479 million against USD 544 million, representing a 22.1% return on average equity. At the same time operating profit before provisioning increased by 43.2% to USD 1,455 million against USD 1,016 million.
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.
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November 7, 2013