In the July issue of Euromoney, an editing error led us to state incorrectly that Alfa Bank is a subsidiary of Austrian firm RZB. It is not. We would like to make it clear that Alfa Bank is Russian-owned and not a subsidiary of any foreign firm.
In the same issue, we stated in the awards for excellence that Eliezer Yones was the former CEO of Bank Hapoalim. In fact, though he has resigned that post, Yones remains acting CEO and president.
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