Alfa-Banking Group is one of Russia’s largest privately owned banking groups in terms of equity, assets, branches, retail deposits and funds under management.

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 September 30, 2008 Alfa-Banking Group served about 51 000 corporate and 2.9 million retail customers, while the branch network has been extended to 338 offices across Russia and abroad.

In addition to banking, Alfa-Banking Group has FSA, CySEC and FINRA-regulated brokerage subsidiaries, and other companies located in Cyprus, London and New York.