UBRD tops local deposit portfolio rating

August 28, 2014. The Ural Bank for Reconstruction & Development was featured in the rating of Yekaterinburg- and Sverdlovsk Region-based leaders in terms of deposit portfolio volume as of July 1, 2014. The rating was compiled by the Delovoy Kvartal magazine, the bank reports.

According to this rating, the UBRD is No.1 in Sverdlovsk Region in terms of attracted funds and the number of deposits: in the first half of the year, over 170,000 deposits were opened by private individuals and corporates, with the amount of money totaling to more than 34.5m RUR.

All in all, the UBRD’s deposit portfolio (in Yekaterinburg and Sverdlovsk Region) stood at 75.2bn RUR on July 1, 2014, which was 2% more than at the beginning of the year. This is the top figure among all the banks in Sverdlovsk Region and the second largest figure among all the banks that run their offices in Yekaterinburg. Experts point out that this has been the case for the last four years, in fact.

The amount of attracted funds grew by 35% in the first half of 2014 compared with the second half of 2013; this mostly has to do with an increase in the deposits opened by legal entities; these make up 92% of all the attracted funds.

As of July 1, 2014, the number of active deposits at the UBRD was close to 400,000. According to the magazine rating, there are about 2,800 deposits per one Sverdlovsk Region-based branch.


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