Information about Alfa Banking Group

Founded in 1990, Alfa Banking Group offers a wide range of products and operates in all sectors of the financial market, including corporate and retail lending, deposits, payment and account services, foreign exchange operations, cash handling services, custody services, investment banking and other ancillary services to corporate and retail customers.

Alfa Banking Group is headquartered in Moscow, Russia, with branch network consisting of 723 offices across Russia and abroad, includes a subsidiary bank in the Netherlands and financial subsidiaries in the United Kingdom and Cyprus, and employs approximately 23 thousand people. In 2014 Alfa-Bank has won the tender held by the Deposit Insurance Agency (DIA) aimed at rehabilitation of Baltiyskiy Bank, as a result PJSC «Baltiyskiy Bank» became a member of the Alfa Banking Group. Direct shareholders of Alfa-Bank are JSC «AB Holding», which owns more than 99% of its shares, and ALFA CAPITAL HOLDINGS (CYPRUS) LIMITED that owns less than 1% of the bank. The main beneficiaries of the Alfa Banking Group are Mikhail Fridman, German Khan and Alexei Kuzmichev.

The Alfa Banking Group has maintained its position as the top Russian private bank by total assets, total equity, customer accounts and loan portfolio. Its corporate and retail client base has grown considerably during the last few years — as of December 31, 2016 Alfa Banking Group served about 381 600 corporate customers and 14.2 million retail clients (including customers of PJSC «Baltiyskiy Bank).

Moreover, Alfa-Bank is in systemically important banks list, the Central Bank published on July 15, 2015.