Beijing, 12 December 2024

The Zhongguancun Equity Investment Association is delighted to announce that Alfa-Bank has been honored with two prestigious awards: the "Best Digital Banking Technology Award" and the "Best Innovation Fintech Award". This recognition not only highlights Alfa-Bank's commitment to innovation and excellence but also reinforces its status as a market leader in Russia’s rapidly evolving financial sector.

A Testament to Innovation and Excellence

Alfa-Bank's dual accolades are a culmination of its relentless pursuit of technological advancement and customer-centric services. The bank has consistently embraced cutting-edge technologies to enhance user experience, streamline operations, and maintain robust security measures. The awards from the Zhongguancun Equity Investment Association reflect several key innovations that set Alfa-Bank apart:

Seamless Digital Experience 

Alfa-Bank has redefined digital banking with its user-friendly mobile app and online platform, which provide customers with a comprehensive suite of services at their fingertips. The intuitive design and functionality have garnered high praise from users, establishing Alfa-Bank as a pioneer in creating a seamless digital experience.

Innovative Financial Solutions 

The bank’s commitment to innovation is evident in its development of unique financial products tailored to meet the diverse needs of its customers. From personalized loan offerings powered by AI to investment tools that leverage big data analytics, Alfa-Bank is at the forefront of delivering innovative solutions that resonate with modern consumers.

Robust Cybersecurity Framework

In an era where digital threats are rampant, Alfa-Bank has prioritized customer security through advanced cybersecurity measures. By implementing multi-factor authentication and real-time monitoring systems, the bank ensures that customer data remains secure, fostering trust in its digital services.

Partnerships

Alfa-Bank has actively engaged in partnerships with fintech startups and technology firms, creating an ecosystem that promotes innovation and collaboration. This approach not only enhances its service offerings but also positions the bank as a key player in the broader fintech landscape.

Alfa-Bank's receipt of the "Best Digital Banking Technology Award" and the "Best Innovation Fintech Award" from the Zhongguancun Equity Investment Association marks a significant milestone in its journey towards digital excellence. These accolades not only validate the bank's innovative strategies but also reinforce its position as a leader in Russia's financial landscape. As Alfa-Bank continues to push boundaries in digital banking, these awards serve as both a celebration of past accomplishments and a motivator for future endeavors, ensuring that it remains at the cutting edge of fintech innovation for years to come.

About Alfa-Bank

Founded in 1990, Alfa-Bank has established itself as one of the largest and most influential private commercial banks in Russia. With a commitment to providing a comprehensive suite of high-quality financial services, Alfa-Bank serves almost 35 million customers across the nation, engaging in all sectors of the financial market. Its’ offerings encompass corporate and retail lending, deposits, payment and account services, foreign exchange operations, cash handling services, custody services, investment banking, asset management, and a range of ancillary services.

Each 5th resident of Russia is Alfa's retail client. Every third customer of medium corporate client in Russia has an account with Alfa-Bank. The volume of the Bank's business in yuan is growing dynamically. The loan portfolio grew by more than 60%. The Bank's clients are also large Chinese companies. The Bank's loan products are used by large Chinese companies in the automotive and petrochemical sectors. The bank provides settlements to large Russian exporters supplying non-ferrous metals to China. Alfa-Bank is one of the top 3 largest Russian banks in the number of payments in CNY to China.