The Ural Bank for Reconstruction and Development raised its core capital and was therefore promoted to the 86th position in Interfax-CEA’s Russia’s Top 100 Largest banks rating. According to this rating, the bank’s core capital amounted to 2,774,900,000 RUR on October 1, 2007, which was 26.3% better than at the beginning of 2007.


'Bank capitalization growth can be observed throughout the entire country; banks need to survive despite the fierce competition and the customers’ growing demands, so they are trying to accumulate some assets of their own,’ the Ural Bank for Reconstruction and Development’s Strategic Development Director Andrei Emelyanov notes.