RBC Lists Bank Koltso Urala among Russia’s Largest Banks

November 16, 2012. RBC Rating analysts carried the rating of Russia’s largest banks in the nine months of 2012. The rating traditionally features a few Ural banks that have actually improved their positions on last year. For one, Bank Koltso Urala was given the 112th position in the rating based on its asset volume as of October 1, 2012, the bank reports.

According to RBC analysts, the bank’s net assets exceeded 30.5bn RUR on the said date, which is 1.2bn RUR more than on January 1, 2012 and 9.7bn RUR more than a year earlier. This growth has meant that the lending institution moved from the 136th up to the 112th position on the list.

It should be noted that the bank’s business performance indicators have also improved: its lending portfolio reached 18.8bn RUR on October 1, 2012, which is 41% more than a year earlier and 1.9bn RUR more than at the beginning of this year. This allowed the bank to score the 97th position in the rating of Russia’s largest banks in terms of lending portfolio volume.

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