October 20, 2017 8:02 PM ET


Company Overview of Open Joint-Stock Company AF Bank

Company Overview

Open Joint-Stock Company "AF Bank" provides financial products and services for individuals and corporate clients in the Russian Federation. The company offers auto loans, deposits, on-demand and current accounts, safe deposit boxes, credit cards, bank cards, consumer loans, and payments and transfers; and currency exchange, Internet banking, and cash and settlement services for private clients. It provides lending, payment, and currency exchange services; and deposits, bill programs, and payroll card programs for corporate clients. The company was formerly known as Alfa Bank Bashkortostan and changed its name to Open Joint-Stock Company "AF Bank" in April 2007. The company was founded in 19...

78, Oktyabrskaya Revolution street

Ufa,  450000


Founded in 1990


7 291 9999

Key Executives for Open Joint-Stock Company AF Bank

Open Joint-Stock Company AF Bank does not have any Key Executives recorded.

Open Joint-Stock Company AF Bank Key Developments

Alfa Bank Reports Financial Results for Fiscal 2016

Alfa Bank reported financial results for fiscal 2016. Net profit generated by the bank in 2016 amounted to RUB 5.1 billion under RAS. Financial loss was RUB 2.6 billion. Specifically, net interest income (the bank's main profit earner) climbed 47% against 2015 primarily amid a drop in the cost of funds (the bank's cost side declined by more than 20%). Net commission income jumped 11.4% year on year, reflecting the bank's strategy aimed at cementing transaction business and increasing the share of risk-free income in the bank's operating income.

Court Approves Settlement in Alfa Bank - Uralvagonzavod Debt Dispute

The Chelyabinsk Region Arbitration Court on Wednesday approved a settlement between Alfa Bank and Uralvagonzavod (UVZ) and its subsidiaries LLC ChTZ-Uraltruck and LLC Tekhnopark Traktorozavodsky in a lawsuit seeking to collect several loans totaling RUB 7.346 billion and $30.203 million, as well as a lawsuit to foreclose on assets held as collateral on these loans.

Similar Private Companies By Industry

Company Name Region
"First Republic Bank" Joint Stock Company Europe
ACB "Lanta-Bank" Europe
Adamon Bank Open Joint-Stock Company Europe
Agrosoyuz Bank OOO Europe

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Tax Management Inc United States
Bertelsmann AG Europe

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Open Joint-Stock Company AF Bank, please visit www.afbank.ru. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.