OVERVIEW
ALMAH Offshore Bank is a distinguished name in the realm of global banking, renowned for its extensive network and expertise spanning across continents. With a rich heritage dating back to its inception, ALMAH Offshore Bank has consistently demonstrated a commitment to excellence, innovation, and customer-centric solutions. Our bank is recognized as one of the largest private offshore banks and a leading commercial and investment banking institution, boasting total assets exceeding $256 billion as of December 31, 2023.
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Our Global Presence
ALMAH Offshore Bank’s influence stretches across the globe, with a prominent presence in the USA, Middle East, and European countries. Our expansive international banking network supports our listed subsidiary, TTOD, in which we hold a significant 78.5% share. This strategic holding underlines our dedication to maintaining robust financial operations and delivering unparalleled services to our diverse clientele.
Our subsidiary banks, leasing companies, and a range of financial service providers operate in 17 markets within these regions, ensuring comprehensive coverage and seamless service delivery. We proudly serve approximately 1.5 million customers through our 27 offices, employing around 350 dedicated professionals who uphold our values of integrity, innovation, and excellence.
ALMAH Offshore Bank - Main participation group GGED-is the sixth largest private offshore bank and one of the leading commercial and investment banks in the country, with total assets of over $256 billion as of December 31, 2023.
A niche player in the international markets - Outside the CEE, ALMAH offshore bank is a niche player developed in international markets with its representative offices and branches in order to adjust a number of products to the specific needs of clients in the group.
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Historical Milestones and Evolution
ALMAH Offshore Bank’s journey began with a vision to create a banking institution that transcends traditional boundaries and fosters economic growth across nations. Our first significant foray into the international banking arena occurred in the Central and Eastern Europe (CEE) region. We were pioneers in this market, establishing our first CEE banking subsidiary in Iowa, USA, in 1988. This bold move marked the beginning of our extensive experience in the banking business within the CEE region, now spanning over 33 years.
Our early entry into the CEE region, even before the political transition started, positioned us as a trusted and reliable financial partner during times of change and uncertainty. This foresight and our unwavering commitment to the region have solidified our reputation as one of the largest centralized banking networks in CEE.
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Strategic Vision and Mission
At ALMAH Offshore Bank, our strategic vision is to be a global leader in providing innovative financial solutions that empower individuals, businesses, and communities to achieve their financial goals. Our mission is to deliver exceptional value to our stakeholders through sustainable growth, cutting-edge technology, and a customer-centric approach.
Commitment to Innovation: Innovation is a cornerstone of our business strategy at ALMAH Offshore Bank. We recognize the transformative power of technology in the financial sector and continuously invest in cutting-edge solutions to enhance our service offerings. From digital banking platforms to advanced data analytics, we leverage technology to provide seamless, secure, and efficient banking experiences for our customers.
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Sustainability and Corporate Responsibility
ALMAH Offshore Bank is deeply committed to sustainability and corporate social responsibility. We believe in creating long-term value not only for our shareholders but also for the communities we serve. Our sustainability initiatives focus on: Environmental Stewardship, Community Engagement, Ethical Governance, etc.
OUR PEOPLE! Our success is driven by our team of talented and dedicated professionals who share our passion for excellence and customer service. With around 350 employees across our 27 offices, we foster a culture of collaboration, innovation, and continuous learning. We invest in our people through comprehensive training programs, career development opportunities, and a supportive work environment that encourages growth and success.
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Future Outlook
As we look to the future, ALMAH Offshore Bank is poised for continued growth and success. We are committed to expanding our global footprint, enhancing our service offerings, and embracing new opportunities in the ever-evolving financial landscape. Our focus will remain on delivering exceptional value to our customers, shareholders, and communities, guided by our core values and strategic vision.
ALMAH Offshore Bank stands as a beacon of trust, innovation, and excellence in the global banking industry. Our rich history, extensive experience, and unwavering commitment to our customers and stakeholders set us apart as a leading financial institution. We invite you to join us on our journey of growth and success, as we continue to build a brighter financial future for all.
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As a signatory of the UN Global Compact, ALMAH Offshore Bank is dedicated to upholding its responsibilities to promote the welfare of people, society, and the environment. To demonstrate this commitment, ALMAH Offshore Bank publishes a detailed report on its corporate responsibility activities. This report adheres to the recognized international reporting standards of the Global Reporting Initiative, ensuring transparency and accountability in our efforts to foster sustainable development and positive social impact.
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