UrBC, Yekaterinburg, December 14, 2016. Markswebb Rank & Report stated once again that the Ural Bank for Reconstruction & Development (UBRD) offers some of the best terms and conditions to small enterprises, the bank’s press service reports.

The agency checked on the settlement and cash service rates of twenty-two Russian banks in November. As it happens, the UBRD’s fees for B2C and B2B companies, retail traders, and sole traders are among the lowest on Moscow, Saint Petersburg, Yekaterinburg, and Novosibirsk markets.

‘We are willing to offer the best terms and conditions to any business, and quite a few options come free of charge, such as our Light Online Banking, for example. As a result, 95% of our customers choose to manage their settlement accounts remotely, and their number keeps growing. It is considerably less expensive to do things online, so the bank can afford to keep the prices low and our customers can cut down on their banking services costs,’ says UBRD Vice President for Corporates Alexei Ikryanikov.

According to Ikryanikov, their customers save up to 70,000 RUR a year compared to those banking with banks from among the country’s top five institutions.