Alfa Capital withdraws letters on troubles in Russia’s key banks

MOSCOW, Aug 21 (PRIME) -- Alfa Capital, part of Alfa-Bank Group, has withdrawn letters sent last week by analyst Sergei Gavrilov, concerning problems in four country’s key banks, a spokesperson for the company said in a statement on Monday.

“The letters sent earlier by employee of the company Sergei Gavrilov were withdrawn on Friday. This way, the earlier statements by the employee have been fully disavowed. The information about this has been promptly sent to the Federal Antimonopoly Service,” the statement read.

The contents of the newsletter of the analyst are his private opinion, the spokesperson said.

The company will send an answer to an earlier request by the antitrust timely, on Monday, the person also said.

Last week, Alfa Capital warned its clients about problems at Otkritie Financial Corporation (FC) Bank, B&N Bank, Credit Bank of Moscow and Promsvyazbank. The antimonopoly service sent a request to Alfa Capital in order to decide whether the actions by the company violated the antitrust legislation.

On August 18, the central bank sent a claim to the service and Deputy Director of the antitrust Andrei Kashevarov said that it will issue a warning until Tuesday.

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