News

  • Alfa-Bank announces Samsung Pay commencement in Russia

    Alfa-Bank and Samsung Electronics announce the commencement of the Samsung Pay payment service for their clients in Russia. On September 29, 2016, Samsung Pay becomes available for Bank clients — Masterсard holders and owners of Samsung smartphones with features supporting Samsung Pay. Payments are processed Mastercard. Tatiana Yarmola, Alfa-Bank Product and Project Director: «We believe that the future belongs to contactless payments and … Continued

  • Alfa-Bank announces IFRS results for the first half of 2016

    The Alfa Banking Group, which includes ABH Financial, Alfa-Bank and subsidiaries, reported IFRS financial results for the first half of 2016. The Alfa Banking Group demonstrated a significant improvement in financial performance, proving sustainability of its business model in the new economic reality, despite the ongoing downturn in the Russian economy. Net profit of the Alfa Banking Group grew in 5 times and amounted … Continued

  • Alfa-Bank launches Alfa Space — online platform for trans-border transfers

    ABH Holdings S.A. announced the launch of the Alfa Space online transfer platform. The new service has already become available in Russia and Belarus. Alfa Space is the first service of instant international online banking transfers between Alfa-Bank retail clients in different countries. This service enables clients to make transfers with fewer bank details and instant crediting of the funds. Either the … Continued

  • Alfa-Bank is the 2018 FIFA World Cup Russia™ Official European Bank

    Alfa-Bank has become the first Regional Supporter of the 2018 FIFA World Cup RussiaTM and FIFA Confederations Cup 2017. As the Official European Bank, Alfa-Bank will get an exclusive right to offer retail banking services to millions of fans at the stadiums during the 2018 FIFA World Cup™ and the FIFA Confederations Cup 2017. The development of the thematic Alfa-Bank products package for both current … Continued

  • S&P Global Ratings Upgraded Alfa-Bank’s Outlook to Stable

    On June 01, 2016, S&P Global Ratings revised the outlook on JSC Alfa-Bank to stable from negative and affirmed ’BB/B’ long- and short-term counterparty credit ratings. Alfa-Bank’s rating is one of the highest in the Russian banking sector. The stable outlook reflects S&P view that the group’s financial profile will remain resilient to the economic slowdown in Russia. The agency mentioned that JSC Alfa-Bank … Continued

  • Alfa-Bank announces IFRS results for the full year 2015

    The Alfa Banking Group, which includes ABH Financial, Alfa-Bank (Russia) and its subsidiaries, reported IFRS financial results for the full year 2015. 2015 year was a complicated year for the whole Russian economy. Oil prices fall, significant Rouble depreciation, interest rates growth, decline in real income of the population and other factors had influenced performance of all Russian banks … Continued

  • Alfa-Bank largest bookrunner in Russia and CIS states in 2015

    Bloomberg ranks Alfa-Bank the TOP1 bookrunner among Russian banks and TOP6 among world players on the CIS syndicated loan market. In 2015, Alfa-Bank closed five transactions for syndicated lending to borrowers in the region with the total amount exceeding $ 500 m. The Alfa-Bank’s market share grew 5% in 2015, i.e. three fold compared to 2014. Alfa-Bank climbed in Bloomberg’s ranking by six positions ahead of JP Morgan, … Continued

  • The Alfa Banking Group Successfully Closes USD500mln 3-year Eurobond

    On 18 November 2015 the Alfa Banking Group successfully closed a USD500mln 3-year Eurobond. The coupon rate was fixed at 5% per annum after repeated revision of price ranges due to strong interest from a wide range of international investors that exceeded 2.8 billion US dollars. The Notes are issued by Alfa Bond Issuance plc. The issue was realized within its own LPN Program … Continued

  • Alfa-Bank announces RAS financial results for the three quarters in 2015

    In the reporting period Alfa-Bank was ranked among the three leading Russian banks by net profit, which was reported at 27.7 bn RUR. Operating income before provisions for the nine months in 2015 was 122.7 bn RUR, making it 8.3% more than in the similar period of the last year. The Bank’s net commission income, as one of the key drivers in the net profit growth increased … Continued

  • Alfa-Bank announces IFRS results for the 1H 2015

    The Alfa Banking Group, which includes Alfa-Bank and its subsidiaries, reported IFRS financial results for the first half 2015. In terms of macroeconomic instability and market volatility the Alfa Banking Group reported operating profit before provisioning in the amount of USD 1 056 million in 1H 2015. In RUB terms operating profit before provisioning increased by 13.0% during the reporting period. Net interest income … Continued