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THE ARCHITECTS |
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Big Russian private-sector banks are like mushrooms. Every decade, a new crop spring up, dominate the landscape for a few years and then either blow up spectacularly or disappear without trace.
The one exception to this rule is Alfa-Bank. For nearly 30 years, the lender has weathered the repeated storms that have battered Russian banking, each time emerging stronger than ever. Much of the credit for this remarkable longevity goes to the bank’s long-serving president, Petr Aven.
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