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Alfa-Banking Group has maintained its position as the top Russian private bank by total assets, total equity and customer accounts.
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.
The corporate and retail client base has grown considerably during the last several years — by the end of 2010, 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.