Company Overview of 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 Joint Stock Company Alfa-Bank
Chief Executive Officer, Member of the Executive Board and Director
Deputy Chairman of Executive Board and Chief Financial Officer
Director and Chief Executive Officer of Alfa's Banking Group
Chief Executive of Alfa Capital Markets - London
Compensation as of Fiscal Year 2016.
Joint Stock Company Alfa-Bank Key Developments
Joint Stock Company Alfa-Bank Presents at Fitch Ratings Annual Conference on Russia, Sep-14-2016 12:00 PM
Sep 13 16
Joint Stock Company Alfa-Bank Presents at Fitch Ratings Annual Conference on Russia, Sep-14-2016 12:00 PM. Venue: Tverskaya, 3, The Ritz-Carlton Hotel, Moscow - 125009, Russia. Speakers: Alex Chuhloma, Deputy Chairman of the Board.
Alfa Banking Group Reports Consolidated Earnings Results for the First Half of 2016
Aug 26 16
Alfa Banking Group reported consolidated earnings results for the first half of 2016. The Alfa Banking Group demonstrated a significant improvement in financial performance, proving sustainability of its business model in the new economic reality, despite the ongoing downturn in the Russian economy. Net profit of the company grew in 5 times and amounted to USD 161 million in first half year of 2016 (against USD 32 million in first half year of 2015). Operating profit before provisions amounted to USD 914 million. The decrease was mainly driven by the weakening of the average ruble exchange rate by 22.4%, thus, in RUB terms operating profit before provisions grew by 5.9%. Net interest margin improved significantly to USD 641 million in first half year of 2016. The increase in RUB terms amounted to 23.2% mainly due to funding cost reduction. NIM ratio grew to 4.5% from 3.7% in first half year of 2015.
Joint Stock Company Alfa-Bank to Report First Half, 2016 Results on Aug 25, 2016
Aug 25 16
Joint Stock Company Alfa-Bank announced that they will report first half, 2016 results on Aug 25, 2016
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