The Ural Bank for Reconstruction and Development has managed to raise its assets by 23.9% so far this year, so these reached 47,430,319,000 RUR. The bank’s balance sheet total came to 53,649,386,000 RUR on May 1, 2008, which exceeds the figures for December 31, 2008 by 34.8%; its loan portfolio amounted to 30,820,501,000 RUR, which is 21.1% better than in December 2007. The volume of customers’ deposits went up by 6.5% and reached 32,130,016,000 RUR in January-April 2008 (private individuals’ deposits rose by 10.1%, coming to 22,199,984,000 RUR), while the bank’s stock grew by 12.8% and amounted to 3,940,931,000 RUR on May 1, 2008, the bank’s press officer reports.


‘This ongoing financial growth signifies the bank’s dynamic business development. Our assets keep growing thanks to large-scale lending, a growing securities portfolio, and greater client base. The current state of our financial affairs leaves us very hopeful of further successful development and gives us a chance to improve on customer service, offer more advantageous terms to our partners, and launch new products,’ says the Ural Bank for Reconstruction and Development’s Strategic Development Director Andrei Emelyanov.