Ural Bank for Reconstruction and Development’s net assets grow 44.31% in 2007

11 March 2008 (08:14)

RBC.Rating has recently come up with its newest research on Russia’s banking market that proves the country’s banks still have a lot of developmental potential despite the external markets’ crises. What is more, Russia’s largest banks managed to grow impressively in almost all the possible fields.


The net assets of the Ural Bank for Reconstruction and Development, for instance, rose by 44.31% in 2007 and reached 37,817.5 million RUR on January 1, 2008. This is the 63d best result among all the Russian banks and the best result in Sverdlovsk Region. The bank’s quick assets increased by 85.17%. Besides, the Ural Bank for Reconstruction and Development was one of Russia’s Top 30 banks in terms of private individuals’ deposits: these reached 18,606.1 million RUR on January 1, 2008, which is 41.34% more than the bank had a year earlier. The bank offered its customers 8,965.8 million RUR worth of loans last year, which is 144.21% better than in 2006 and secured the bank the 47th best result among all the Russian banks.


The Ural Bank for Reconstruction and Development has been quite successful in cooperating with businesses as well: it is Sverdlovsk Region’s largest and Russia’s 68th largest bank in terms of legal entities’ loan portfolio (this increased by 42.58% in 2007 against a year earlier).


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