Company Overview of Open Joint Stock Company Alfa-Bank
Open Joint Stock Company Alfa-Bank provides various financial products and services to corporate and retail customers. It offers corporate and retail banking products and services, including loans, deposits, and credit cards; SME, trade, and structured finance; leasing; and factoring. The company also provides investment banking services comprising advisory and brokerage services, such as proprietary research, equity and derivatives transactions, fixed income sales and trading, and corporate finance. In addition, it offers equity research, payment and account, foreign exchange, cash handling, and custody services. The company operates through approximately 672 branches in the Russian Federat...
27 Kalanchevskaya Street
Founded in 1990
Key Executives for Open Joint Stock Company Alfa-Bank
Chief Executive Officer, Member of Executive Board and Director
Chief Financial Officer and Deputy Chairman of Executive Board
Director and Chief Executive Officer of Alfa's Banking Group
Chief Executive Officer of Alfa Capital Markets (UK)
Compensation as of Fiscal Year 2015.
Open Joint Stock Company Alfa-Bank Key Developments
Open Joint Stock Company Alfa-Bank, Annual General Meeting, Jun 30, 2015
May 25 15
Open Joint Stock Company Alfa-Bank, Annual General Meeting, Jun 30, 2015. Agenda: To consider the election of the board of directors; to consider the election of the audit commission; to consider the appointment of the auditor; to consider the annual report for 2014; to consider the annual financial statements, including the profit and loss account for 2014; to consider the distribution of profits and losses, including the dividend payout for 2014; and to consider the approval of interested-party deals.
UVZ Enterprises to Cease Cooperation with Alfa-Bank
May 19 15
Uralvagonzavod enterprises plan to stop working with Alfa-Bank. They intend to close their bank accounts and stop using bank instruments. For instance, Omsktransmash has repaid a RUB 205 million loan ahead of schedule and will close its active credit line with the bank earlier than planned.
Alfa-Bank Reports Earnings Results for the Year 2014
Apr 20 15
Alfa-Bank reported earnings results for the year 2014. For the year, the company's profit before provisions declined 16.4% y-o-y to $2.59 billion.
In terms of rubles the group's operating profit before provisions grew 0.8%. Main components of operating profit are net interest income (down 2.8% to $2.22 billion, or up 17.2% in terms of rubles) and net commission income that rose 5.8% to $825 million (a surge of 27.5% in terms of rubles). The portion of net commission income in the group's operating income before provisions increased from 25.2% to 31.8%. The group's IFRS
net profit slid to $33 million.
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