Alfa Bank
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Alfa-Bank, one of the Russia’s largest privately owned banks, was founded in 1990.
Alfa-Bank is present in every key sector of the financial service industry, including corporate banking, retail banking, investment banking, trade finance, insurance and asset management.
The Bank is ranked among the most reliable and dynamically developing financial institutions that combines a thorough knowledge of the specific characteristics of the Russian market with the very highest Western standards.
Alfa-Bank’s branch network has grown to 109, including subsidiary banks in Russia, Ukraine, Kazakhstan and the Netherlands.
In addition to banking, the Bank has regulated FSA and NASD brokerage subsidiaries located in London and New York.
In December 31th, 2004, the assets of the Alfa Bank Group, subsidiaries and financial companies, grew to $7 billion. The net profit for a year 2004 was $153 million, shareholder equity was $708 million, and loan portfolios were $4.7 billion.
Alfa-Bank has announced the launch of its new retail business, operating under the “Alfa Bank Express” brand introducing state-of-the-art retail services for private individual and small business customers.
Alfa-Bank is one of the few Russian domestic banks that operate under international auditing standards (PricewaterhouseCoopers — since 1993).
Alfa-Bank received the Operational Risk Achievement Award 2004 and 2005 for “Operational Risk Framework at a financial institution based in an emerging market” from Operational Risk Magazine.
Alfa-Bank has won numerous awards, including Global Finance’s Best Retail Bank, Best M&A Advisor, Best Trade Finance in Russia 2004 and Best FOREX Bank in Russia 2004-2005, Best Russian Bank 2003, Euromoney’s Best M&A House in Russia 2004 and Best Bank in Russia 2002, The Banker’s Bank of the Year 2000.
Alfa-Bank has a long history of supporting charities, Russian culture and creating programs for young talent. The Bank is Trustee of the Bolshoi Theatre, member of the Corporate Club of WWF Russia (World Wide Fund for Nature) and donator to Russian Charity “Life Line”