Alfa Capital Announced Statement on Global Financial Crisis
OREANDA-NEWS On 12 November was announced, that Alfa Capital published statement on global financial crisis.
LLC Alfa Capital would like our clients and partners to know that in spite of the global financial crisis, the Company continues to conduct business as usual and meet all of its obligations. Alfa Capital remains confident in the future of the Ukrainian stock market.
Alfa Capital has experience managing crises in the unique environment of Ukraine. We apply global investment banking best practice whether the market is enjoying rapid growth or suffering from financial turmoil.
In response to the market situation, Alfa Capital has taken steps to reduce expenses. Nonetheless, unlike many other market players, we continue to actively develop all aspects of our business, giving particular attention to corporate finance. There are a number of new projects in Alfa Capital’s portfolio that will be implemented in partnership with JSC Alfa Bank Ukraine and other organizations within the group.
“During the crisis of 1998, we were one of the few nonbank financial organizations with foreign capital that stayed in business, while many of our competitors were forced to abandon the Ukrainian market. We place a high value on our impeccable reputation, and our clients and partners can rest assured that we will honor all of our obligations,” noted Victoria Mikhalyo, Alfa Capital’s General Director.
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