URSA Bank took part in an auction conducted by Saint Petersburg Currency Exchange for a state corporation dealing in housing facilities reform. The company in question was willing to select the best bank to deposit its funds with, so URSA Bank was chosen as one of the winners and was able to sign an agreement with the fund within the determined money limit.

‘The bank was put on the authorized banks list due to its impressive Russian and international ratings and thanks to the sufficient amount of core capital,’ URSA Bank’s Deputy CEO Maxim Krasnikov says.