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Best Bank: Alfa Bank |
Despite turbulent market conditions, Alfa Bank remains the top Russian private bank and continues to post attractive financial numbers on the back of a growing customer base. By the end of the first quarter of 2009, the bank and its subsidiary companies served more than 56,000 corporate and 3.5 million retail customers, up from 51,500 and 2.65 million a year earlier. In 2008, total assets climbed to $27.1 billion, up from $22.7 billion at the end of 2007. Total equity increased to $2.2