October 17 OOO Koltso Urala raised its term loan portfolio to 16bn RUR. According to Expert-Region, this makes the bank Ural Federal District’s 5th largest bank in this respect. The loan portfolio grows by 500m RUR a month on average, the bank’s press service refers to its retail sector management experts as saying.

One of the main reasons why the loan portfolio keeps growing steadily is the general consumer mood, which is focused on saving at the moment, as well as the advantageous offers for private individuals, the company reports. For one, Bank Koltso Urala is now offering a convenient Piggy Bank scheme: the deposit provides for an impressive profit over a short period of time: 11% a year as soon as after the first sixty days of the deposit period.

In addition, the bank came up with the Lucky Birthday program, which means that the customer who sets up a deposit with the bank on his or her birthday gets a present of an increased, 12% annual interest rate for the first sixty days of the deposit period.