Senteo’s client Alfa-Bank reports the results of another explosive year (2012)

Alfa-Bank’s retail business enjoyed another successful year in 2012, beating expectations and delivering impressive results in all major categories. According to the bank’s press release issued today, Alfa-Bank registered growth in the following areas:

  •  25% growth in retail customer base (to 8,9 million people)
  • 55.4% growth in its retail loan portfolio (to 156 billion Rubles)
  • 103.9% increase in the credit card volume
  • 25% growth in deposit balances (to 291.4 billion Rubles)
  • 26.43% growth in current account balances (6.5% market share nationwide)
  • 28.5% growth in commission income (to 11.4 billion Rubles)
  • 500,000 new online banking users (in total: 2.3 million online users)
  • 30 new retail branches opened

More details are available here.

We would like to congratulate our friends and colleagues at Alfa-Bank for another explosive year and wish them continued success! To see the case study about Senteo’s transformation project at Alfa-Bank, please click here.

Senteo

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