Central and Eastern Europe regional awards
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Best Bank: Alfa Bank |
Sberbank and VTB have captured most of the headlines in recent months with their $8 billion-plus stock offerings, but it is Alfa Bank that is the real deal in the fast-growing Russian banking market. Alfa has a true universal banking franchise, with well-established retail, corporate and investment banking arms, and although its branch network is much smaller that those of either Sberbank or VTB it nevertheless boasts a true nationwide reach that enables it to take full advantage of the strong economic growth in Russia’s far-flung regions.
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