Google+
Рейтинг@Mail.ru
Pravda.ru

News » Economics

Head of Alfa Bank predicts investment boom in Russia

18.06.2002 | Source:

Pravda.Ru

 

Russia is facing an investment boom, Mikhail Fridman, chairman of the board of directors of Alfa Bank, declared at today's meeting with a delegation of French businessmen. Russia is in the epicenter of investment expectations. Russia's macroeconomic characteristics are better than those of other countries, he stressed. Fridman pointed out that the capitalization of the Russian stock market had become thrice as much as it was two years ago compared to a 30 percent advance of other emerging stock markets. This fact contributes to the investment attractiveness of Russia, the businessman believes.

Moreover, foreign policy of the Russian authorities, problems on the world oil market, the crises in Argentina, scandals with corporate governance in the USA are the factors that will reorient foreign investors to the Russian market. "All these factors promote a growth of interest in the Russian market and we have the right to get ready for investments of foreign participants in the Russian economy", the head of Alfa Bank pointed out.

©

&to=http://www.alfa-bank.com/flash/' target=_blank>Alfa-Bank

&to=http://www.rbc.ru' target=_blank>RBC

 
| More
1242

Popular photos

Most popular

Total CEO killed in Moscow as his plane crashes during take off
Total CEO killed in Moscow as his plane crashes during take off
The aircraft, according to witnesses, did not manage to take off from the ground. The plane collided with a snow-removing vehicle, and the aircraft burst into flames at once, although there was no...
Sweden continues to suffer from Russian submarine syndrome
Sweden continues to suffer from Russian submarine syndrome
Swedish Armed Forces continue to inspect the waters near the Stockholm archipelago to establish the presence of a foreign submarine in the area. Russian officials said that there were no accidents...

Video

Popular photos

Система Orphus