Information Alfa Bank

Alfa-Banking Group has maintained its position as the top Russian private bank by total assets, total equity and customer accounts. The corporate and retail client base has grown considerably during the last several years.  Alfa-Banking Group served over 40 000 active corporate customers and 5.3 million retail clients, while the branch network extended to 364 offices across Russia and abroad, including a subsidiary bank in the Netherlands and financial subsidiaries in the United States, the United Kingdom and Cyprus. 

Special focus is being placed on developing banking products for smaller businesses as well as remote distribution channels and internet acquiring. Current strategic priorities include effective management of assets and liabilities in order to further increase profitability, steady increase of the loan portfolio with focus on borrowers’ quality, maximizing commission income, further development of settlement business and banking e-services and further improvement of client service quality.

The achievement of the highest internationally recognised standards of corporate governance and ethical conduct is one of the primary goals of the Alfa Banking Group. The Group’s management processes and policies are structured to ensure compliance with laws and regulations and to provide clear guidelines for decision-making and accountability. 

Alfa Banking Group’s IFRS figures have been audited by PricewaterhouseCoopers.