Alfa bank credit rating. Raex (ra expert) assigned a rating to alpha-bank at ruaa

The bank was registered in January 1991 in Moscow. Founded by famous Russian businessman Mikhail Fridman and his partners.

Since December 2004, the credit institution has been a member of the deposit insurance system.

In 2014, the Bank of Russia took a decision on the financial rehabilitation of Baltiysky Bank. The reorganization procedure was initiated by the Deposit Insurance Agency following an inspection of a financial institution in 2014. As a result of winning the tender in August 2014, the Central Bank announced the reorganization of the Baltic Bank with the participation of Alfa-Bank. Thus, PJSC Baltiyskiy Bank became part of Alfa-Bank Banking Group. It is worth noting separately that this is the only credit institution taken by Alfa-Bank for reorganization since the 2008 crisis, when it got Severnaya Kazna.

For the rehabilitation of the Baltic Bank, which became necessary as a result of a protracted conflict between its owners, a ten-year loan was allocated from the DIA at a rate of 0.51% for 57.4 billion rubles. These funds were provided by the Central Bank to the DIA. The bank's recovery plan assumed that by 2020 it would be merged with Alfa-Bank. The merger procedure for Baltic Bank was completed in May 2019.

The main subsidiaries of the Russian Alfa-Bank are Amsterdam Trade Bank N.V. (Netherlands) and JSC SB Alfa-Bank (Kazakhstan).

As of July 1, 2019, the net assets of the credit institution amounted to 3.39 trillion rubles, the volume of own funds - 403.46 billion rubles. According to the results of the first half of 2019, the bank shows a profit of 13.70 billion rubles.

Branch network:
head office (Moscow);
7 branches;
312 additional offices;
306 credit and cash offices;
170 operating offices;
4 operating cash desks outside the cash desk.

Owners:
Mikhail Fridman - 32.86%;
German Khan - 20.96%;
Alexey Kuzmichev - 16.32%;
Petr Aven - 12.40%;
UniCredit S.p.A. (Italy) - 9.90%;
Charitable trust The Mark Foundation for Cancer Research (Cayman Islands) - 3.87%;
Andrey Kosogov - 3.87%.

ABH HOLDINGS S.A. controls 100% of the bank through AB Holding JSC. (Luxembourg), the ultimate beneficiaries of which are the above co-owners of Alfa Group* and other persons.

Board of Directors: Petr Aven (Chairman), Andrew Baxter, Vladimir Verkhoshinsky, Artem Leontiev, Andrey Kosogov, Alexei Marey, Oleg Sysuev, Mikhail Fridman, Oscar Hartmann.

Governing body: Andrey Sokolov (Chairman), Vladimir Verkhoshinsky, Mikhail Grishin, Michael Touch, Andrew Chulak, Denis Osin, Vladimir Voyekov, Ivan Pyatkov, Sergey Shevchenko.

* Alfa Group enterprises operate in such areas of the economy as commercial and investment banking, asset management, insurance, retail, water supply and sanitation, production and sale of mineral water, as well as special investment situations. The main owners are Mikhail Fridman, German Khan and Alexey Kuzmichev.

In addition to the banking business (in Russia, Ukraine, Belarus, Kazakhstan and the Netherlands), the Alfa Group consortium controls or owns large shares in the companies of the AlfaStrakhovanie Group (the amount of insurance premiums at the end of 2017 is 159 billion rubles, excluding compulsory medical insurance), Alfa Capital Management Company (assets under management as of December 31, 2018 - 343.9 billion rubles), Alfa Asset Management (Europe S.A. (asset management company for private and corporate clients in Europe), A1 (investment company), X5 Retail Group (grocery retail, more than 14.4 thousand stores in the Russian Federation), Rosvodokanal Group of Companies, IDS Borjomi International (the largest producer of mineral water in Russia, Ukraine, Georgia and the CIS and Baltic countries). more than 330 thousand employees.

Alfa-Bank, founded in 1990, is a universal bank that carries out all major types of banking operations, represented in the financial services market, including servicing private and corporate clients, investment banking, trade finance and asset management. The head office of Alfa-Bank is located in Moscow.

Alfa-Bank was partner of the 2018 FIFA World Cup™ and FIFA Confederations Cup 2017.

As of December 31, 2017, Alfa-Bank served more than 420 thousand corporate clients and 14.3 million individuals. In Moscow, regions of Russia and abroad, 762 branches and branches are open, including subsidiary bank in the Netherlands and financial subsidiaries in the UK and Cyprus.

Alfa-Bank Banking Group is a socially oriented organization. Every year, Alfa Bank organizes various cultural events throughout Russia: concerts by famous Russian and foreign performers, tours of theater groups, exhibitions and festivals. The past year was no exception: with the support of the Bank, interesting events were organized in many cities of our country.

At the end of 2017, according to financial statements (IFRS), the total assets of the Alfa-Bank Banking Group, which includes ABH Financial, Alfa-Bank JSC and subsidiaries financial companies, amounted to 44.7 billion US dollars, the total loan portfolio - 28.6 billion US dollars, the total capital - 6.4 billion US dollars. Net profit for 2017 amounted to USD 798 million.

The most reliable banks in Russia are the "subsidiaries" of foreign banks and the largest state-owned banks: Sberbank, Russian Agricultural Bank and VTB. This year, we changed the principles of rating formation (see ""), in particular, we took into account Russian rating agencies accredited by the Central Bank with a large number of ratings. Details are in the photo gallery.

Return on equity

Shows how effectively the bank's own funds are used. When calculating the indicator, net profit was cleared of gratuitous assistance from the owner, which is reflected in the profit and loss account in the reporting under RAS and often distorts profitability. If this situation persists for a long time, the owners may be disappointed in banking business and stop supporting the bank or even start divesting assets through loans to tech companies.
In the latter case, the financial condition of the bank may deteriorate rapidly and sharply.
Profitability above the average for the banking system (-4.4% for the top 100 banks) may indicate a significant share of cheap customer base, successful speculative transactions, placement of assets in highly profitable risky transactions. This indicator is assessed in combination with capital adequacy (H1).

Instant liquidity ratio

Limits the risk of a bank losing solvency within one day. This is the ratio of the assets that the bank can sell within one calendar day to the obligations of the bank itself, which it must fulfill within one calendar day. The minimum value of H2 set by the Central Bank is 15%.

capital adequacy

The combination of low capital adequacy (less than 11%) and low return on capital (less than 10%) is dangerous. Low capital adequacy means that further asset growth requires an adequate rate of capital increase. With low profitability, either the bank's business will stagnate, or the owners will have to constantly support it with capital injections.
With high profitability, in order to increase capital, owners only need to refuse large dividends. In addition, the low level of capital adequacy of the bank shows its vulnerability in the event of unforeseen losses, for example, in the event of a default of a borrower, which previously did not cause serious concerns.

Household deposits

High level large credit risks is typical for banks engaged in lending to legal entities, and can indicate both a narrow client base and lending to very large companies. In both cases, a large borrower in negotiations with the bank has the opportunity to push through a low interest rate - hence the low profitability of such lending. Therefore, funding large loans with deposits of individuals is enough expensive view liabilities, can undermine the profitability of the bank, and after it financial stability jar.

How we thought

The rating of one of the agencies is the easiest way to assess the reliability of the bank. In the event of problems and a subsequent downgrade, banks often break contracts with agencies. The absence of a rating does not mean that the bank has problems, but the presence of a high rating can be considered a certain guarantee of reliability. The litmus test of what is happening in the bank can also be certain indicators, such as excessive concentration of operations in industries or customers against the background of a small capital stock and liquidity, low profitability combined with low capital adequacy against the background of a significant share of household deposits, funding of long-term loans of legal entities at the expense of deposits individuals. This year we have changed the methodology: in addition to international rating agencies took into account the ratings of the Expert RA agency accredited to the Central Bank. At the first stage, we selected banks based on three parameters: the presence of a rating, assets of more than 10 billion rubles, the share of deposits of individuals more than 3% of liabilities. If there were several ratings, the maximum one was taken into account. In each of the five reliability groups, banks are ranked according to their ratings and size of assets.

Alfa Bank is in the TOP-5 sustainable financial institutions due to the following parameters:

• Equity capital - 321 billion rubles.
• Household deposits - 645 billion rubles. (3rd place).
• Placement of funds of companies - 826 billion rubles. (5th place).
• Lending to the population - 167 billion rubles. (7th place).

OJSC AB Holding (99.89% of shares) and Alfa Capital Holdings (Cyprus) Limited (0.11% of shares) are the main beneficiaries of the financial institution.

Sustainability indicators

According to the standards of the Central Bank, the following indicators are established:

• Instant asset turnover (H2) - 137% with the minimum allowable ≥ 15%.
• Current asset turnover (H3) - 134% with min. ≥ 50%.
• Long-term liquidity indicators (H4) - 44 with min. ≤ 120%.
• security own funds(H1.0) - 15.2% at min. ≥ 10%.
• Security with basic capital (H1.1) - 8.3% with min. ≥ 5%.
• Provision with fixed assets (H1.2) - 9.8% with min. ≥ 5.5%.

bank assets

ALFA-BANK JSC is the largest bank in the Russian Federation, ranking 7th in terms of assets. By February 1, 2017, their parameter reached 2408 billion rubles. According to the annual report, there is an increase in parameters by 0.47%. Positive trends in assets had a negative impact on the profitability of arbitrary investments according to the ROI formula: during the reporting period, it decreased from 2.58% to 0.34%.

In terms of services provided, the credit institution is the leader in attracting diversified client funds (between businesses and individuals), and places most of the money in credit lines.

Credit Ratings

The assessment of the American company S&P reports a relatively small vulnerability of "BB" on the long-term prospects in the international market. A small exposure to risks is also displayed for short-term periods, which determines the assignment of a "B" rating. In the domestic market, the bank occupies the position of high creditworthiness "ruAA". Forecasts are stable.

Dynamics of changes in liquid funds

Structure of current assets:

According to the annual reporting, a negative trend in the turnover of funds on hand is visible, which led to a 2-fold decrease in amounts. Funds on accounts with the Central Bank were reduced by 6%. The sum of fast-turning securities of credit institutions and countries increased. Positive prospects are displayed in the column of NOSTRO correspondent accounts (by 2%), interbank short-term liabilities and the C/B of the Russian Federation. Total liquidity ratios using discounts and adjustments increased from 228 to 380 billion rubles over the year.

Current liabilities - structural characteristics:

Deposits of individuals for a period of 1 year or more (by 16 billion rubles) and for short-term periods are subject to minor changes. Legal entities increased volumes of long-term investments, and showed positive results on current accounts, the difference in percentage was 9% and 3%, respectively.

At the same time, the size of correspondent accounts of LORO banks decreased, which in monetary terms amounted to 5 billion rubles. and interbank short-term loans, which in total was reflected from 93 to 36 billion rubles. Insignificant changes are subject to own securities and obligations to repay interest, the expected outflow of funds (decrease in annual rates - 2%).

In the period under review, the ratio of fast-moving funds to the expected outflow of current liabilities reaches 96.63%, which indicates an insufficient margin of safety to overcome the outflow of the client base, but due to the large size of the credit institution, this outflow is unlikely.

Liquidity change in dynamics:

According to the Central Bank, the norms of instantaneous turnover of funds H2 throughout the year supported the average indicators, balanced by the May and January data peaks. Current liquidity exceeds the minimum values ​​by 50 p.p. or more. Expert reliability data increased by 1.5 times by the end of the year.

Balance sheet reporting

The share of active funds that determine the profitability of a financial organization is 88.97% in relation to the total liquidity indicators, and interest-bearing liabilities are calculated at 78.09% in relation to the total amount of liabilities. Profitable assets are comparable to the average data for the largest financial giants of the Russian Federation (87%).

Return on assets - comparison of 2016 and 2017 data:

A slight decline is shown in the column indicating lending to individuals and companies. The amounts on promissory notes changed positively (by 8 million rubles), and negatively on other securities from 392 to 371 billion rubles. Other income-generating loans decreased by 0.07% over the year. The total indicators of earning assets decreased by 2.0% from 2185 to 2142 billion rubles.

Payback of issued loans:

An analysis of the annual statements makes it possible to make sure that the bank makes a bet on diversified loans with an encumbrance in the form of guarantees and guarantees. The general indicators of security are quite high and in case of non-payment of debt obligations, the bank will recoup the loans issued with collateral. The difference in the amount of the loan portfolio is 30 billion rubles.

Obligations to pay interest to customers:

Small fluctuations are displayed for funds of companies and deposits of individuals (difference of 2%). The funds of credit institutions were reduced, and the total indicators on interest-bearing obligations increased by 2.8% from 1829 to 1880 billion rubles.

TOP 10 most profitable bank loans in 2017

The choice of a loan is closely related to the bank where the borrower will take this loan. There are many different conditions and nuances on which the choice of a person depends. The most simple and practical part of this choice will be the comparison of loan terms in different banks. We provide an expert assessment of the rating of banks, according to the minimum credit rate. Without limiting ourselves to this, we also decided to highlight the most interesting aspects in the work of banks when providing a consumer loan.

Rating of banks by the minimum loan rate and by the maximum loan amount

Alfa-Bank does not look very attractive in both rating tables, but there is no need to rush to conclusions - it has its own characteristics that are extremely interesting for a certain category of customers. More details in the relevant section.

The first table is the main one - it focuses on the bank's rating at the minimum lending rate. The second table is complementary - only those banks that are in the main table participate in it. In the second table, you can see the rating of banks by the maximum loan amount, the table is made solely for the convenience of the user - as an additional parameter for assessing the lending bank.

Bank rating table by minimum lending rate

Bank rating table by maximum loan amount

Information on loans

Consider carefully the features of credit loans in lending banks and the conditions for obtaining a loan.

Alfa Bank

Alfa-Bank issues a very attractive credit card for borrowers - "100 days without interest." It is thanks to this issue that Alfa-Bank is among the best Russian banks, where it is easiest to get a cash loan. The only negative, if it is a “minus”, is that the bank has developed the best and most profitable loan offers for salary card holders.

• rate - from 15.99%;
• amount - from 50 thousand to 1 million rubles;
• term - from 1 to 3 years;
• proof of income - required;
• receiving money - from the 1st day.

Many experts believe that Sovcombank provided the most profitable terms receiving a cash loan in 2017.

The bank's offer to give a loan at 12% per annum has a small catch for those borrowers who are counting on a decent loan amount. The fact is that the rate of 12% has a limitation - it is valid for a loan of 100 thousand rubles.

The bank is famous for its fast decision-making on granting a loan and a series of profitable offers for pensioners, for example, the maximum age of the borrower is 85 years, while the vast majority of banks are focused on borrowers under the age of 75.

• rate - from 12%
• amount - 100 thousand rubles;
• term - from 6 months to 5 years;
• proof of income is not required;
• receiving money - during the day.

Renaissance Credit is deservedly considered one of the best lenders in the banking services. There are three reasons for this: a) very attractive interest rate in 12.9%; b) extremely high speed of loan processing - only 1 hour; c) to complete the application, you need only two documents (passport and one more document).

• rate - from 12.9%;
• amount - from 30 thousand to 500 thousand rubles;
• term - from 2 to 5 years;
• proof of income is not required;
• receiving money within an hour.

The advantage of VTB Bank of Moscow is that it provides large loan amounts for a long period.

There are very few banks in Russia that give consumer loans for a period of 7 years.

Given the term of the loan, you begin to carefully look at the minimum loan rate, which looks very attractive against the background of such a long term. The disadvantage of the bank is its exactingness - a certificate of income is required and the duration of consideration of an application for a loan (up to 3 days!). But, if you again pay attention to the term of the loan, the requirements of the bank do not seem excessive.

• rate - from 14.9%
• amount - from 100 thousand to 3 million rubles;
• term - from 6 months to 7 years;
• loan processing - from 1 to 3 days.

Raiffeisenbank

The undoubted plus of the bank is the relatively low interest rates on the loan (from 14.9% to 19.9%), but there are more minuses than necessary - age restrictions from 23 to 70 years; minimum length of service at the last place of work - 6 months; the bank does not give a consumer loan individual entrepreneurs and business owners.

• rate - from 14.9%;
• amount - from 90 thousand to one and a half million rubles;
• term - from 1 to 5 years;
• proof of income is required;
• receiving money - from 1 to 3 days.

• rate - from 14.9%;
• amount - up to 1 million rubles;
• without guarantee and certificates;
• registration - within 10 minutes.

OTP Bank is a financial institution that has proven itself in the credit services market. A good interest rate plus alternative clientele requirements make the bank attractive to borrowers.

To obtain a loan, you must be: a) a citizen Russian Federation, b) over 21 years old; c) have a passport. Important point: the bank does not require a certificate of income, but its availability will greatly simplify the procedure for obtaining a loan and affect its size.

• rate - from 14.9% per annum;
• amount - from 15 thousand to 750 thousand rubles;
• term - from 1 to 5 years;
• proof of income is not required;

In the Eastern Express Bank they give a quick cash loan up to 200 thousand rubles without a guarantee and certificates. The loan is issued very quickly - in just 20 minutes.

• rate - from 15%;
• amount - from 25 thousand to 500 thousand rubles;
• term - from 1 to 3 years;
• up to 200 thousand rubles - according to the passport, without income certificate;

The bank's headquarters is located in Yekaterinburg, but this does not mean that the bank is provincial - it is in no way inferior to capital banks. Its offices, ATMs, terminals and customer services are located in many cities of Russia. The bank has no special advantages, except for one - the bank gives a cash loan of up to 300 thousand according to two documents, without confirmation of income.

• rate - from 15.9%;
• amount - from 51 thousand to 1 million 300 thousand rubles;
• term - up to 5 years;
• proof of income is not required;
• money in hand - within two days.

Ural Bank for Reconstruction and Development (UBRD)

Another bank from Yekaterinburg. The minimum interest rate of 17% makes this bank unattractive in the eyes of the borrower, but this is only at first glance - the bank has undoubted advantages: a) a cash loan of up to 200 thousand rubles is issued with only one passport within 20 minutes; b) large loans up to 1 million rubles are issued for a period of up to 7 years; c) UBRD has a special credit loyalty program for pensioners.

• rate - from 17%;
• amount - from 5 thousand to 1 million rubles;
• term - from 1 to 7 years;
• proof of income is not required;
• money on hand - from 20 minutes to 1 day.

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