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September 26, 2019
X5 Retail Group

Х5 Supervisory Board approves transformation of hypermarkets format

X5 Retail Group announces its decision to transform its Karusel hypermarket format.

TAG: Retail Trade

September 23, 2019
A1

А1 Goes Berry Picking. Alfa Group Invests in a New Line of Business.

А1 — an investment subdivision of Alfa Group — acquired 51% in Rusbioalliance Group of Companies, which can produce about 50 thous. tonnes of berry and vegetable products a year.

TAG: Investment

September 12, 2019
Alfa-Bank (Russia)

Alfa-Bank (Russia), X5 Retail Group launch Russia’s first liquidity management blockchain service

Alfa-Bank and its partner, X5 Retail Group, have launched customizable service Distributed Treasury and Cash Management (DTCM), which enables the bank’s corporate clients to manage their payments, loan and deposit products, and liquidity pool inside the holding. DTCM is a bridge to the Bank-as-a-Service (BaaS) model for corporations.

TAG: Financial Services

September 11, 2019
Alfa-Bank (Russia)

Alfa-Bank (Russia) joins Interbank Information Network®

Alfa-Bank has joined J.P. Morgan’s Interbank Information Network® (IIN®).

TAG: Financial Services