Alfa-Bank is a full-service bank operating in all sectors of the financial market, including retail and corporate lending, investment banking, trade finance and asset management. The Bank is a part of Alfa-Banking Group. Alfa-Bank is the largest private bank in terms of total assets, total equity and customer accounts in Russia. Net profit: $553 million (for 2010). Total assets: $28 billion (as at March, 2011).
The bank's corporate and retail client base has grown considerably over the last several years: as of September 1, 2010 Alfa-Bank Group had served over 39,000 corporate and 4.3 mln retail customers, while the branch network had grown to 331 offices across Russia and abroad, including a subsidiary bank in the Netherlands and financial subsidiaries in the United States and the UK.
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Alfa-Bank :: Press Releases
11.04.2011 Alfa Banking Group reports full-year 2010 net profit of $553 million compared with net profit of $77 million in 2009. More
23.06.2009 Alfa-Bank is proud to present its annual report for 2008. Alfa-Bank confirmed its status as Russia's leading private bank in 2008. The Report is available at the bank’s site. More
Financial News
Three Swiss bankers indicted by U.S. in tax crackdown - 09.01.2012 U.S. authorities are moving toward taking legal action against Wegelin & Co., which could lead to an indictment of one of Switzerland's last pure private banks, on charges that it enabled wealthy Americans to evade taxes, according to two persons with knowledge of the case. Source: Reuters
Islamic finance assets to hit US$ 1.1 trillion in 2012 - 22.11.2011 Islamic finance assets around the world are expected to climb 33% from their 2010 levels to $1.1 trillion by the end of 2012, boosted by the aftermath of the Arab Spring uprisings and dissatisfaction with conventional finance in the wake of the global debt crisis, consultants Ernst & Young said in a report on Tuesday. Source: Reuters
Spanish bank ratings downgraded by Fitch and S&P - 12.10.2011 Two leading credit rating agencies have downgraded some of Spain's largest banks, citing a deteriorating outlook for the Spanish economy. Source: BBC News
Spotlight on Islamic Retail Banking – strategies for fast growing industry - 07.10.2011 Islamic Banking is young but fast growing industry what brings challenges as need for standardization, expanding at the market (now < 1% population is banking Islamic Banks), lack of public awareness about Islamic Banking (misinterpretation) and limited resources of qualified people in this particular industry. Source: Fleming Gulf
JBIC inks $43bn credit line pact with Japan banks - 05.10.2011 The Japan Bank for International Cooperation (JBIC) said Wednesday that it has signed separate pacts with three major Japanese banks to give them a combined $43 billion, or Y3.3 trillion, credit line, as part of the government's steps to encourage companies to go ahead with M&As overseas. Source: Nikkei
U.S. banks begin charging monthly debit-card fees - 01.10.2011 Get ready for a new wave of bank fees. Bank of America will begin charging a $5 monthly fee at the beginning of next year for customers who make debit card purchases. Source: CNNMoney
Alfa-Bank is a full-service bank operating in all sectors of the financial market, including retail and corporate lending, investment banking, trade finance and asset management. The Bank is a part of Alfa-Banking Group. Alfa-Bank is the largest private bank in terms of total assets, total equity and customer accounts in Russia. Net profit: $553 million (for 2010). Total assets: $28 billion (as at March, 2011).
+7 (495) 620-91-91
+7 (495) 620-91-91