Alfa-Bank has announced the release of the Association of Russian banks


MOSCOW, July 17. /TASS/. Alfa-Bank announced the termination of membership in the Association of Russian banks. About it reports a press-service of the credit institution.

“We have to admit that in recent years the effectiveness of the Association’s activities has been steadily declining. This is largely due to the poor performance of its leadership, which, in our view, when making decisions ceased to consider the interests of its members – credit institutions, but also replaces constructive dialogue within the banking community hours-long speeches. With this statement we officially announce the release of the members of the Association”, – is spoken in the message.

The press service also noted that in the ongoing management of the Association policies its members – credit organizations – in recent years, deprived of the opportunity to participate in the management of the Association.

Source