UBRD’s equity capital rises to 25bn RUR

January 19, 2015. The Ural Bank for Reconstruction & Development (UBRD) came up with the first performance reports for the year 2014. The bank’s equity capital rose from 17.4bn RUR to 24.8bn RUR (as of January 1, 2015), which stands for a +42.4% (7.4bn RUR) increase. The UBRD is now one of Russia’s top fifty banks in terms of equity capital volume, the bank’s press service reports.

The bank’s assets increased by 17.5% and reached 236.7bn RUR by the end of 2014. Its H1.0 (one of a bank’s fundamental reliability and stability indicators) stood at 13.31 on January 1, 2015 (the minimum value is 10).

The UBRD’s liabilities came to nearly 224bn RUR by January 1, 2015, which was 46bn RUR greater than at the start of 2014 (+17.8%).

The balance sheet profit amounted to more than 2bn RUR in 2014. Its net operating income went up by 44.7% and came to 23.712bn RUR (compared with 16.377bn RUR in 2013).

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