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Mar 9, 2023 · Simply sign up to the War in Ukraine myFT Digest -- delivered directly to your inbox. Russian billionaires Mikhail Fridman and Petr Aven are primed to offload their stakes in Alfa-Bank in a $2.3bn ...
Jun 20, 2024 · The sanctions hit Russian banks hard. Alfa Bank made a loss of 117.1 billion rubles ($1.44 billion) in 2022, according to its annual report for that year. A year later, it seemed to bounce back ...
Aug 11, 2023 · Fridman, who grew up in Ukraine, made his fortune in Russia and moved to London in 2015, has long disputed claims he is close to the Kremlin. He and Aven own 45 per cent of Alfa-Bank between them ...
Aug 11, 2023 · 6 min. The U.S. Treasury Department on Friday imposed sanctions on Mikhail Fridman and Petr Aven, two Russian billionaires behind Alfa Group, a prominent financial services firm — a sign that ...
Apr 10, 2024 · Updated 4:48 AM PDT, April 10, 2024. BRUSSELS (AP) — Russian businessmen Mikhail Fridman and Petr Aven won a court case Wednesday over a European Union decision to sanction them for their alleged role in Russia’s war against Ukraine. The EU General Court said a lack of evidence justified their removal from a list of persons who faced ...
Aug 11, 2023 · FILE - Russian businessman, co-founder of Alfa-Group Mikhail Fridman attends a conference of the Israel Keren Hayesod foundation in Moscow, Russia, Sept. 17, 2019. The U.S. Treasury Department on Friday, Aug. 11, 2023, imposed financial sanctions against four Russians on the board of Alfa Group, one of the country’s largest conglomerates with interests in oil, natural gas and banking.
Mar 17, 2022 · Alfa-Bank is also under capital market restrictions from the EU, U.S. and Switzerland that were imposed on the lender in connection to Russia's invasion of Ukraine. Alfa-Bank is almost 100% owned by ABH Holdings, in which Fridman owned 32.9% voting rights as of the end of 2021, and Khan, Kuzmichev and Aven also held significant holdings amounting to 20.97%, 16.3% and 12.4%, respectively.
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