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 444 offices across Russia and abroad, includes a subsidiary bank in the Netherlands and financial subsidiaries in the United States, the United Kingdom and Cyprus, and employs approximately 17,000 people. Alfa Banking Group is ultimately owned by 6 shareholders through ABH Holdings S.A.

Alfa Banking Group has maintained its position as the top Russian private bank by total assets, total equity and customer accounts, its corporate and retail client base has grown considerably during the last few years — by the end of third quarter 2011, Alfa Banking Group served over 48 000 corporate customers and 5.8 million retail clients. In 2011, the Alfa Banking Group continued its development as a universal bank with the following core business lines: corporate and investment banking including SME, trade and structured finance, leasing and factoring, retail banking (including branch banking, auto and mortgage lending). Special focus is being placed on developing banking products for smaller businesses as well as remote distribution channels and internet acquiring. Alfa Banking Group’s strategic priority is to maintain its status as the leading private bank in Russia, while enhancing stability and profitability, and to set the industry standards in key areas such as customer experience, technology, efficiency and teamwork.

Being one of the most active Russian banks on the international debt capital markets, in September 2010, Alfa Banking Group was the first Russian private bank to place a US$1 billion LPN issue maturing in 2017, and another US$1 billion LPN issue in April 2011 maturing in 2021 — Alfa Banking Group was the first Russian private bank that placed 10-year notes. In February 2011 Alfa Banking Group placed RUB 5 billion five-year ruble bonds with a three-year put option.

Alfa Banking Group is among the highest rated Russian private banks by the leading international rating agencies. In December 2011, Standard & Poor’s upgraded the long term credit rating of the Alfa Banking Group from BB- to BB, stable outlook. Moody’s confirmed their rating at Ba1 and changed their outlook from negative to stable in November 2010. Fitch upgraded their credit rating to BB+, stable outlook in July 2011.

Alfa Banking Group has always supported charities, Russian culture, the creation and development of programs for young talent, and corporate responsibility has always been a key component in its social policy. Throughout its history, Alfa Banking Group has considered its reputation as its most valuable asset. For this reason it was one of the first Russian companies to publish a Social report.

Alfa Banking Group maintains record of excellence. It came out on top in a survey «Customer Experience Index 2010: Retail banking after the financial crisis» by PricewaterhouseCoopers and Senteo for the fourth time in a row. In 2011, Alfa Banking Group also picked up awards: Best Internet Bank in Russia by Global Finance magazine, Best analytics by NAUFOR (Russian National Association of Securities Market Participants), Best private bank in Russia by Global Reputation Index (GRI) research, Romir.

Alfa Banking Group’s IFRS financial statements are audited by PricewaterhouseCoopers.