Depending on the needs of Alfa-Bank, this program allows you to raise any amount up to 50 billion rubles (or the equivalent of this amount in foreign currency), the number of issues is not limited, the program itself has no time limit.
The presence of such a program enables Alfa-Bank to attract additional capital on the local market in the future as needed. At present, Alfa-Bank meets all capital adequacy requirements for systemically important banks with a large margin. At the same time, the presence of this instrument provides Alfa-Bank with an additional opportunity to implement strategic plans and increase its loan portfolio.
In accordance with the current legislation in relation to subordinated bonds, the issues will be placed by private subscription and will be available only to qualified investors.