Alfa-Banking Group is one of Russia's largest privately owned banking groups in terms of equity, assets, branches, retail deposits and funds under management. Alfa-Banking Group offers a wide range of products and operates in all sectors of the financial market, including deposits, corporate and retail lending, payment and account services, foreign exchange operations, cash handling services, custody services and investment.
Alfa-Banking Group has 280 offices across Russia and abroad. The Group also operates through subsidiary banks, affiliate and branch offices in Kazakhstan, the Netherlands, Cyprus, the US and the United Kingdom.
In 2008 Alfa-Banking Group proved once again its leading position in the banking sector of Russia by winning numerous awards — among which are Best Bank in Russia in 2008 by Euromoney, Best Domestic Bank in 2008 by Global Finance, best bank in the «Customer Impressions of Retail Banking in Russia» research by PricewaterhouseCoopers and Senteo and National «Super Brand of the Year» by Superbrands International.
Headquarters:
Moscow, Russia
Address:
27 Kalanchevskaya Street Moscow 107078 Russian Federation
23.06.2009 Alfa-Bank is proud to present its annual report for 2008. Alfa-Bank confirmed its status as Russia's leading private bank in 2008. The Report is available at the bank’s site. More
Business and Financial News
French Bank to Repay Government Bailout - 14.10.2009 Crédit Agricole, the French bank, said Wednesday that it would repay the €3 billion of debt the government bought last December, becoming the latest big bank to pay back a bailout. Source: New York Times
Card fraud in the UK falls by 23% - 08.10.2009 The amount of money being lost through card fraud fell by 23% in the first half of the year in the UK, as criminals changed their strategies and prevention measures began to take effect, according to figures published today. Source: Guardian.co.uk
The trend: large banks will acquire smaller banks - 18.09.2009 KBW Inc., the New York-based boutique that advises financial institutions, expects 500 to 1,000 U.S. banks to fail by 2011, Chief Executive Officer John Duffy said. Source: Bloomberg
Colonial Banc Group declares bankruptcy - 15.08.2009 Colonial became the largest US bank to fail this year after it was declared bankrupt and had the bulk of its assets taken over by rival BB&T, the government banking insurer said Friday. Source: Agence France-Presse
Fighting economic crisis in U.K. - 27.07.2009 Current economic difficulties in U.K. were caused by global financial crises and have resulted into the following changes in the country's economy in 2007-2008: Source: BanksDaily.com
The European Central Bank injects €442 billion into banking system - 25.06.2009 The European Central Bank (ECB) allotted €442 billion to banks for 12 months, the biggest amount it has ever given in a single auction. The amount was more than most economists had expected. Source: RTTNews
Alfa-Banking Group is one of Russia's largest privately owned banking groups in terms of equity, assets, branches, retail deposits and funds under management. Alfa-Banking Group offers a wide range of products and operates in all sectors of the financial market, including deposits, corporate and retail lending, payment and account services, foreign exchange operations, cash handling services, custody services and investment.
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