Alfa Bank

Alfa-Bank JSC (Russian: Альфа-банк АО) is the largest of the private banks in Russia. 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. On 1 March 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. For the same reason, the bank has been sanctioned by US and EU authorities beginning in February 2022 and 2023, respectively.

Since 2004, Alfa-Bank has been assisting “Life Line”, a charity programme for aiding seriously ill children. Alfa-Bank was the first company to organise a collection of private donations to the foundation. Since September 2008, bank customers have the opportunity to transfer cash donations to help children with the help of the Alfa-Click Internet Bank or a conventional bank transfer without a bank commission. The bank also cooperates with WWF, supports most of its initiatives, and also invites its clients to provide financial support to the fund.

The bank operates a volunteer organization called “Give Kindness”. The bank collects humanitarian aid for orphanages, boarding schools and social shelters, and also attracts employees as volunteers. Every year, the bank organizes charity events called “Children's Day”, “Help Me Get Ready for School”, and “Christmas Miracle”.

Education

Since 1995, the bank has run the “Alfa-Chance” student scholarship programme, which gives school graduates from various regions of Russia the opportunity to receive higher education at leading universities in the country. Since 2008, Alfa-Bank, in cooperation with HSE, has run a programme to provide nominal scholarships to first-year students from Russian regions (except Moscow and St. Petersburg) who have won prizes at All-Russian School Olympiads and the HSE Multi-Profile Olympiad. In total, the “Alfa-Chance” program involves about 17 higher education institutions. The bank operates the Alfa Fellowship Program, which enables young specialists from the United States, and Germany to undergo an internship in Russia.

JSC Alfa-Bank, official website. General license of the Bank of Russia No. 1326 dated January 16, 2015. Alfa-Bank JSC is a participant in the compulsory deposit insurance system. Bank is. St. Kalanchevskaya, 27, Moscow, 107078.