News

  • Alfa-Bank is the Best Trade Finance Provider in Russia, according to Global Finance

    Global Finance, a trusted journal, has named Alfa-Bank the best Russian Trade Finance Provider in its exclusive survey. The winners of the Best Trade Finance Providers 2019 prize have been rewarded on January 16, 2019 in London during the BAFT Europe Bank-to-Bank Forum. “For us this award means recognition of the global financial community. Year … Continued

  • Press release

    In light of recent media reports alleging some negotiations on the sale of Alfa Group’s banking assets in the Russian Federation, we declare that this information bears no relation to reality. We categorically deny these rumors and the fact of any negotiations. No discussions of the kind have been or are being conducted with the … Continued

  • Alfa-Bank announces the appointment of the head of its Corporate and Investment Business

    Starting November, Andrei Chulak will head Alfa-Bank’s CIB unit. He will be responsible for the development of investment business and relations with major corporations. Vladimir Verkhoshinskiy, Chief Executive Officer of Alfa-Bank: “The corporate and investment business is a key business for Alfa-Bank. I am glad that Andrei will join our team as head of CIB. … Continued

  • Vladimir Verkhoshinskiy joins Alfa-Bank’s Executive Board, elected its First Deputy Chairman

    Alfa-Bank’s Board of Directors at its meeting on October 3, admitted Vladimir Verkhoshinskiy to the Bank’s Executive Board and elected him First Deputy Chairman of the Executive Board of Alfa-Bank. Alfa-Bank’s Executive Board members are: Andrey Sokolov, Chairman of the Executive Board; Vladimir Verkhoshinskiy, First Deputy Chairman of the Executive Board, Chief Executive Officer; Mikhail … Continued

  • Petr Aven elected Chairman of the Board of Directors of Alfa-Bank

    Petr Aven has been elected Chairman of the Board of Directors of Alfa-Bank. The decision was made at a meeting of Alfa-Bank’s Board of Directors on September 26, 2018. The members of the Board of Directors, which was re-elected at an extraordinary meeting of the Bank’s shareholders on September 18, are: Petr Aven, Andrew Baxter, … Continued

  • Alfa-Bank Announces IFRS Results for the First Half of Year 2018

    The Alfa Banking Group, which includes ABH Financial, AO «Alfa-Bank» and its subsidiaries, reported the IFRS financial results for the First Half of 2018. During this period the Group has demonstrated positive dynamics in key financial indicators, strengthened its position on the market, thus further proving sustainability of its business model. Net profit of the … Continued

  • Alfa-Bank announces that Vladimir Verkhoshinskiy has been appointed its Chief Executive Officer. He will take the position on 1 August 2018, to address the challenging tasks set out in the Bank’s development strategy approved by the Board of Directors

    “We are happy to welcome Vladimir in our team of the country’s largest private bank. I believe his knowledge and unique experience will help us achieve further success in the financial market”, said Petr Smida, Chairman of the Board of Directors of AO “ALFA-BANK”. “I wish to thank Alexei Tchoukhlov for his job as interim … Continued

  • Alfa-Bank — First Russian Bank to Join R3 Blockchain Consortium

    R3 is a consortium of the world’s largest banks, financial institutions, national financial regulatory authorities, trade associations and lenders, united in a single infrastructure based on distributed ledger technology (blockchain). The consortium headquartered in New York currently comprises the largest global financial companies: Bank of America, Credit Suisse, Goldman Sachs, J.P. Morgan, Barclays, Deutsche Bank, Commerzbank, Citibank, Morgan Stanley, etc. The R3 consortium members … Continued

  • Alfa-Bank Announces IFRS Results for 2017

    The Alfa Banking Group, which includes ABH Financial, AO «Alfa-Bank» and its subsidiaries, reported the IFRS financial results for 2017. Over this period the Group has demonstrated positive dynamics in key financial indicators, strengthened its position on the market, thus further proving sustainability of its business model. Net profit of the Alfa Banking Group grew by 1.5 times in comparison with 2016 … Continued

  • Alfa-Bank successfully closes the book for USD 500 mln Basel III compliant perpetual subordinated Eurobonds

    On January 25, AO «ALFA-BANK» successfully closed issue of USD 500 mln perpetual Eurobonds compliant with Basel III (Central Bank Regulation 395-P). The total amount of the subordinated loan will stand at USD 500 mln, the first call option is scheduled in 5.25 years; the initial coupon rate for the first 5.25 years was fixed … Continued

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