Central Bank of Russia reports volume of nongovernmental financial institutions’ deposits in Yekaterinburg Municipal Bank valid for 31 to 90 days went down by 100% (from 1 million RUR to zero) in January-July 2007.

Experts of Novokuznetsk-based paramilitary mine-rescue team have successfully completed testing one of the new fans employed as part of the venting and air heating system installed at Abakanskiy subsidiary of Evrazruda (Russian ore maker and part of Evraz Group). For two days, the experts had been doing a special depression survey that would allow them to indicate the direction and speed of the air streams within the mine. It’s going to take them one and a half months to process these data and come up with a list of recommendations for Abakanskiy management. The new venting and air heating

According to the Central Bank of Russia, volume of profit-making self-regulatory organizations’ deposits in Uralprivatbank valid for 31 to 90 days went down by 36.8% (from 96.431 million RUR to 60.95 million RUR) in January-July 2007.

Bank24.ru made its mortgage loans even more affordable for its customers. The bank reduced the annual interest rate on mortgages down to 10.75% (if you borrow rubles for up to ten years and your first installment comes to over 50% of the price of the dwelling you’re buying), to 11.25% (if you borrow rubles for twenty to thirty years and your first installment comes to over 50%). What is more, the demands a potential mortgager has to meet have grown less strict, with the upper age limit extended from 60 to 75 years old. Then, your last employment may last for only three months and you only

‘We are having particularly many problems with unpaid gas bills this year. The main problem is that the municipalities just can’t use the so-called lax credits since the regional budget hasn’t got the money for this,’ Uralsevergas’s press officer Oleg Vlasov said to UrBC. ‘Our customers used to owe us not more than 1 billion RUR last summer (700 to 800 million RUR at the most), but now their debts come to 1.1 billion RUR. If a company has a large debt and is not trying to pay it back, we have to stop supplying them with natural gas, partially or completely. Among such companies are the

The volume of loans given by SKB-Bank to legal entities and small- and medium-scale businesses amounted to 10 billion RUR on August 1, 2007, which is 39%, or 3.9 billion RUR better than at the beginning of the year. As regards the first half of 2007, the bank did quite well in all the other respects as well. Its loan portfolio grew by over 5.6 billion RUR and reached 15.886 billion RUR on July 1, 2007. Besides, the portfolio is reported to be well-balanced and have very low risks, the bank’s press officer reports.

Central Bank of Russia reports volume of loans given by GRAN Commercial Bank to natural persons for 91 to 180 days went down by 76.6% (from 5.415 million RUR to 1.266 million RUR) in January-July 2007.

'It’s good that the region’s prosecution bodies have promptly reacted to the problems related to local practice of giving land allotments to developers. Yet their actions have seriously slowed down the process of getting all the papers filed and approved of,’ the spokesperson for Yekaterinburg municipal council Konstantin Pudov reports. In the meantime, the regional authorities claim that their withdrawal of documents regarding the land distribution never hindered the implementation of the national project known as Affordable Housing to Russian Citizens, and papers on most of the cases

According to the Central Bank of Russia, volume of loans given by Sverdlovsk Gubernskiy Bank to state-owned profit-making organizations for 1 to 3 years went down by 29.16% (from 4.999 million RUR to 3.541 million RUR) in January-July 2007.