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

 







Popular photos


Most popular

Can Russia destroy US missile defenses in Europe?
Can Russia destroy US missile defenses in Europe?
No one doubts the power of American weapons. The United States is one of the greatest military in the world, no matter how you look at it. Russia has no doubts about it either, but the country does...
Turkey demands life sentence for a Greek who downs Erdogan's aircraft
Turkey demands life sentence for a Greek who downs Erdogan's aircraft
The Turkish Prosecutor General demands two life sentences for a Greek pilot Thanos Grivas, as he downed a Turkish fighter F-16 over the Aegean Sea.
Рейтинг@Mail.ru Rambler_s_Top100_Service