• Corporate Profile

Founded in 1990, Alfa Banking Group offers a wide range of products and operates in all sectors of the financial market, including corporate and retail lending, deposits, payment and account services, foreign exchange operations, cash handling services, custody services, investment banking and other ancillary services to corporate and retail customers.

Alfa Banking Group is headquartered in Moscow, Russia, with branch network consisting of 745 offices across Russia and abroad, includes a subsidiary bank in the Netherlands and financial subsidiaries in the United States, the United Kingdom and Cyprus, and employs approximately 21 thousand people. In 2014 Alfa-Bank has won the tender held by the Deposit Insurance Agency (DIA) aimed at rehabilitation of Baltiyskiy Bank, as a result PJSC «Baltiysky Bank» became a member of the Alfa Banking Group. Direct shareholders of Alfa-Bank are JSC «AB Holding», which owns more than 99% of its shares, and ALFA CAPITAL HOLDINGS (CYPRUS) LIMITED that owns less than 1% of the bank. The main beneficiaries of the Alfa Banking Group are Mikhail Fridman, German Khan and Alexei Kuzmichev.

The Alfa Banking Group has maintained its position as one of the top Russian private bank by total assets, total equity, customer accounts and loan portfolio. Its corporate and retail client base has grown considerably during the last few years — as of December 31, 2015 Alfa Banking Group served over 255 000 corporate customers and 13.6 million retail clients (including 1.9 mln retail customers of PJSC «Baltiyskiy Bank»). In 2015, the Alfa Banking Group continued its development as a universal bank with the following core business lines: corporate and investment banking, SME, trade and structured finance, leasing and factoring, retail banking (including consumer finance, retail lending and credit cards, current accounts and deposits, services through remote channels).

According to the strategy of the Alfa Banking Group the strategic priority is to maintain its status as the leading private bank in Russia, while enhancing stability and assets quality, and to set the industry standards in key areas such as customer experience, technology, efficiency and teamwork.

In November 2015 Alfa Banking Group issued USD 500 million 3-year Loan Participation Notes. During 2015 this deal became the first public offering of Eurobonds with benchmark size in the primary market among Russian financial institutions after the international financial community revised the attitude to the Russian country risk due to the events in 2014.. In October 2015 Alfa Banking Group also successfully issued RR 10 000 million bonds with 36 months maturity and 12.00% annual coupon rate. Alfa Banking Group is among the highest rated Russian private banks by the leading international rating agencies.

Alfa Banking Group is social-oriented company. Each year Alfa-Bank organizes various cultural events throughout Russia: concerts of famous Russian and foreign artists, theater tours, exhibitions and festivals. Last year lots of interesting events were organized with Bank’s support. Another important direction of the Bank’s social activity — helping vulnerable people: children’s homes and boarding schools, critically ill children, veterans of the Great Patriotic War. Alfa Banking group is a member of the Corporate Club WWF Russia, continues to implement educational programs for Russian students through the program «Alfa Chance», provides financial support to charitable program helping seriously ill children through the program «Life Line». Throughout its history, Alfa Banking Group has considered its reputation as its most valuable asset. For this reason it was one of the first Russian companies to publish a Social report.

Alfa Banking Group maintains record of excellence in FY 2015.

Alfa-Bank won in three nominations of Third Annual Innovation Award and the achievements of the financial industry «Banking sector», organized by the «Banking Review» magazine. The bank was awarded second time the category «Most Innovative Bank» as a financial institution, applies the most modern and advanced technologies. According to Frank Research Group Alfa-Bank is the best bank for affluent customers. According to Euromoney FX Survey 2015, Alfa-Bank has significantly improved its position in the ranking of the world’s largest banks in terms of turnover in Forex, up from 36th to 31th place. Alfa-Bank is the only Russian bank in the top 50 rankings. Internet bank «Alfa-Business Online » - the most effective business solution according to Markswebb Rank & Report.