UBRD Launches Trust Management Option for Investment Accounts

13 July 2018 (10:58)

UrBC, Yekaterinburg, July 13, 2018. The Ural Bank for Reconstruction & Development (UBRD) now offers its customers trust management services for their personal investment accounts, the bank’s press service reports.

‘An investor can both make a ROI on their securities and the state-guaranteed 13% tax relief without having to worry about asset management: everything will be seen to by professionals who are well-informed about the market situation,’ the bank explains.

All you have to do to get a personal investment account is apply for one on the bank’s website. All paperwork will get done by the bank employees for you. The lower investment limit comes to RUR 100,000 and you can add RUR 50,000 or more to your account at a time (yearly limit: RUR 1m). The partial withdrawal option isn’t offered under the current terms and conditions.

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