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.
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
Best Banks in Central and Eastern Europe for 2009 - 14.05.2010 The following are the «Best Banks in Central and Eastern Europe for 2009» according to rankings published by Global Finance magazine: Source: Global Finance
Big banks slashed small business credit lines - 13.05.2010 The biggest Wall Street banks slashed their small business loan portfolios by 9% between 2008 and 2009, more than double the rate at which they cut their overall lending, according to a government report released Thursday. Source: CNN Money
European Union agrees on €750bn bailout fund for eurozone - 10.05.2010 Crisis-hit Europe on Monday announced a monster rescue package running to 750 billion euros between euro countries and the IMF, sending the euro surging in Asian trade. Leaders hope an unprecedented international intervention, worth just shy of one trillion dollars, will represent a game-changing European financial war chest, which will also be backed by European Central Bank action to nudge debt and currency markets. Source: Financial News
Debt crisis may hurt banks outside Greece - 06.05.2010 Credit ratings agency Moody's Investor Service said the banking systems in Portugal, Italy, Spain, Ireland and Britain could all be hurt by a widening debt crisis. Source: Associated Press
Bank of Russia cuts discount rate - a historic low for Russia - 04.05.2010 The Bank of Russia slashed its discount rate by another 0.25 percent from April 30. Starting tomorrow, the rate will be 8 percent per annum - a historic low for Russia. Source: RBC
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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