ALFA-BANK JSC (Alfa-Bank), is the largest of the private banks in Russia. It was founded in 1990 by Russian businessman Mikhail Fridman, who is still the controlling owner today. 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. Alfa-Bank has been named Russia's best bank on numerous occasions by financial publications, and was placed 270th in the 2009 edition of The Banker magazine's Top 1000 World Banks. The bank is known internationally for its Alfa Fellowship Program, which gives emerging young leaders from around the world the opportunity to gain professional experience in various fields. Alfa-Bank is also well-known in Russia for its social and cultural initiatives, ranging from charity projects to educational programmes, exhibitions, concerts and music festivals. On March 1, 2022, Mikhail Fridman and Pyotr Aven left the bank's board of directors after coming under EU sanctions imposed in response to the 2022 Russian invasion of Ukraine. More information...
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