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September 02, 2003
ABH Holdings S.A.

Alfa Bank’s rating was upgraded by Standard & Poor’s to “B” with Stable Outlook

Standard & Poor's states that the ratings on Alfa Bank reflect the bank's good business franchise and the improved diversity of its business lines, offset by the bank's large single-party concentrations, including to other Alfa Group members, and the still high level of risk for all banks...

TAG: Financial Services