UBRD proves one of Russia’s top 35 banks

4 February 2015 (13:07)

February 4, 2015. The Ural Bank for Reconstruction & Development proved one of Russia’s 35 largest banks, according to Interfax CEA. The bank’s assets exceeded 235bn RUR: the figure rose by 17.7% throughout last year alone, the bank’s press service reports.

The UBRD also came first in the ranking of thirty-four Ural Federal District-based banks (there were 776 banks on the nation-wide list altogether).

In terms of private individuals’ investments and deposits, the UBRD, with its 98.6bn RUR, was among Russia’s 25 largest banks. In 2014, the volume of private individuals’ money deposited with the bank rose by 16.75% compared with a year earlier. This result secured the bank the first place among all the Urals-based banks and made it one of the top four Sverdlovsk Region-based banks.

Interfax CEA has been creating its ratings on the basis of their special methodology and publishing them for over a decade now. The agency relies on the banks’ 101 (trial balance) and 102 (P&L statement) data carried by the Central Bank.

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