JSC Alfa Bank, the Russian private bank founded by billionaire Mikhail Fridman, is scaling back lending for all but the most affluent clients after a growing share of customers fell behind on payments this year.
Bloomberg: Russian banks turn away customers as more borrowers fall behind
(FILE PHOTO) Mikhail Fridman, head of British-Russian oil venture TNK-BP speaks at a press conference in Moscow on June 16, 2008.
