Alfa Bank was caught violating the law for the third time in a month

The Federal Antimonopoly Service again convicted Alfa-Bank of violating the advertising law. This happened for the third time in a month.

“Over the past month, the Federal Antimonopoly Service of Russia has opened the third case against Alfa-Bank JSC on grounds of violation of advertising legislation,” – notes antimonopoly agency in its telegram channel. If violations are proven, Alfa-Bank will be subject to fines.

It is noted that the bank specifically attracts consumers in its advertising with the opportunity to receive a 100% cashback. However, the bank informs about the possibility of how to arrange it in a form that is difficult to understand. In addition, in its assessment of the “best bank,” Alfa Bank refers to those who cannot give an objective assessment. All of these are cases of violation of advertising criteria.

For the first time, Alfa-Bank came under the supervision of the FAS in early November. Even then he was accused of violating the supply of advertising to bank users.