Alfa-Bank has no industry preferences, President of Alfa-Bank Petr Avensaid at a press conference today. The credit portfolio of the bank was alittle less that $2bn, which includes the oil and gas sector, nuclear powerindustry and agriculture. Aven was quoted as saying the bank's investmentsare rather effective. They are determined by the economic feasibility ofparticular projects, therefore, as the bank's President stressed, Alfa-Bankhas no industry-related priorities in its credit policy..
The Americans came to realise that they would have to either leave the region or weaken their presence there. It is Russia that is filling the vacuum now