Ural Bank for Reconstruction and Development’s net assets rise 16% in January-March 2008

23 June 2008 (08:06)

Expert-Ural came up with a new rating assessing the Ural banks’ activity in the first quarter of 2008. The results of the magazine’s survey indicated that the Ural Bank for Reconstruction and Development keeps growing rapidly in all financial respects. The bank’s net assets rose by 16% within the first quarter of the year, securing it the top rating position among Sverdlovsk Region’s banks. The bank’s loan portfolio went up by 15%, its own funds increased by 10%, its profits rose by 12%.

‘As a matter of fact, we usually prove to be Sverdlovsk Region’s number one bank in terms of private individuals’ deposits, which means that our ongoing improvements and new offers on deposits enjoy stable demand,’ the bank’s press officer says.

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