Alfa-Bank

Alfa Bank JSC

Native name	Альфа-банк АО
Company type	Joint stock company
Industry	Banking Financial services Investment services
Founded	20 December 1990; 33 years ago (1990-12-20)
Headquarters	Moscow , Russia
Number of locations	486 offices[1]
Products	Consumer banking Corporate banking Investment banking
Net income	US$ 1.35 billion (2020)[1]
Total assets	US$ 61.85 billion (2020)[1]
Total equity	US$ 8.67 billion (2020)[1]
Owner	Mikhail Fridman Pyotr Aven German Khan
Number of employees	26,008 (2020)[1]
Rating	Ba2 (Moody's), BB+(S&P),[2] BBB− (Fitch) (2021)[3]
Website	AlfaBank.ru

Alfa-Bank JSC^[4] (Russian: Альфа-банк АО) is the largest of the private banks in Russia.^[5] It was founded in 1990 by Russian businessman Mikhail Fridman, who remains the controlling owner. Headquartered in Moscow, it operates in seven countries, providing financial services to 22 million active corporate customers and over 1 million active retail clients as of 2021.^[1] On 1 March 2022, Mikhail Fridman and Pyotr Aven left the bank's board of directors^[6] after coming under EU sanctions imposed in response to the 2022 Russian invasion of Ukraine. For the same reason, the bank has been sanctioned by US and EU authorities beginning in February 2022 and 2023, respectively.