Alfa-Bank

Alfa-Bank JSC (Russian: Альфа-банк АО) is the largest of the private banks in Russia. It was founded in 1990 by Russian businessman Mikhail Fridman, who remains the controlling owner. Headquartered in Moscow, it operates in seven countries, providing financial services to 22 million active corporate customers and over 1 million active retail clients as of 2021. On 1 March 2022, Mikhail Fridman and Pyotr Aven left the bank's board of directors after coming under EU sanctions imposed in response to the 2022 Russian invasion of Ukraine. For the same reason, the bank has been sanctioned by US and EU authorities beginning in February 2022 and 2023, respectively.

Alfa Bank JSC
Native name
Альфа-банк АО
Company typeJoint stock company
IndustryBanking
Financial services
Investment services
Founded20 December 1990 (1990-12-20)
Headquarters
Moscow
,
Russia
Number of locations
486 offices
ProductsConsumer banking
Corporate banking
Investment banking
Net income
US$ 1.35 billion (2020)
Total assets US$ 61.85 billion (2020)
Total equity US$ 8.67 billion (2020)
OwnerMikhail Fridman
Pyotr Aven
German Khan
Number of employees
26,008 (2020)
RatingBa2 (Moody's), BB+(S&P), BBB− (Fitch) (2021)
WebsiteAlfaBank.ru
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