JOINT STOCK COMPANY ALFA-BANK

The largest private bank in the russian federation, it is included in the list of systemically important credit institutions. With an extensive infrastructure and serving millions of private and corporate clients, the institution is one of the largest taxpayers in the russian financial sector, thereby contributing to the revenue side of the budget, which is used to finance military expenditures.
Following the start of the full-scale invasion, the bank adapted its operations to the conditions of the russian federation’s war economy and helped maintain the stability of the russian financial market. Despite statements by the bank’s management that it was scaling back its work with the defense sector due to sanctions risks, the bank continues to provide services to enterprises in the defense-industrial complex, including the "Samara Kommunar Plant" FSE, which specializes in the production of gunpowder, explosives, and ammunition, as well as suppliers of UAV components to enterprises of the state corporation "Rostec".
In February 2023, the Central Bank of the russian federation included "Alfa-Bank" in the register of information system operators authorized to issue digital financial assets. Its "A-Token" technology platform is used to create alternative capital-raising instruments that bypass traditional international monitoring mechanisms.
The bank uses internal, closed payment channels and the Central Bank of the russian federation’s Financial Messaging System to circumvent sanctions restrictions, and is involved in facilitating foreign trade transactions for the supply of dual-use goods to russia via payment instruments in friendly jurisdictions.