URSA Bank rated Russia’s 17th largest bank

2 April 2008 (08:09)

March and April are traditionally the time when banks publish their annual reports for the previous year, while the country’s leading media usually spend some time analyzing these reports. URSA Bank, for example, was rated Russia’s 17th largest bank in terms of net asset volume (as of January 1, 2008) by RosBusinessConsulting, Forbes, and Kommersant-Dengi. In addition, Dengi gave the bank the 18th position in Russia’s largest banks rating based on the volume of the banks’ own funds.

According to RosBusinessConsulting’s rating of Best Deposit Banks, URSA Bank was given the 12th position in terms of ruble deposits, the 5th position in terms of dollar deposits, and the 3d position in terms of euro deposits. Dengi reports URSA Bank is the country’s 11th most developed bank in terms of retail services (judging by the volume of private individuals’ ruble investments). Finally, URSA Bank was rated Russia’s 6th most expanded bank (in terms of the number of cities with the population of 50,000 people and up where a bank operates) in 2007.

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