Alfa Bank
2004 - 2006 Russia
            2004 - 2006 Russia
Alfa Bank is a leading retail bank in Russia.
 
          
              Results After 5 Years (2006-2010)            
          
                      1954%
                    Total Income
                  17416% 
                    Margin Income
                  683%
                    Commission Income
                  Project Objectives 
                  After an unsuccessful launch of «Alfa Bank Express» format and significant losses, shareholders brought in Senteo as part of the management team of the bank in house to manage a complete transformation of the existing business including all new products, branch redesign, launch of their first smartphone banking application, front-line culture change, brand refresh, and new standards for communication.
                Some of the Results After 18 months 
                  
                281%
                          increase in monthly tariff plan sales
                        404% 
                          increase in overall demand deposit balances
                        171%
                          increase in monthly commission income
                        397%
                          increase in monthly credit card sales
                        238%
                          increase in new customer acquisition
                        596%
                          increase of average monthly credit card sales
                        70%
                          reduction of staff turnover.
                         
                 
                 
                 
                 
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