Magnitogorsk Iron & Steel Works (MMK) won in the all-Russian contest on organization of greater social efficiency in the country in 2007. MMK was given a third-degree diploma in the Implementation of Social Programs category, the company’s PR Department reports. The contest is coordinated by the Russian Federation Ministry for Economic Development and Trade, the Ministry for Healthcare and Social Development, and some executive authorities as well as employers’ unions and trade unions. The competition has been held annually since the year 2000 in order to draw the public’s attention to

Central Bank of Russia reports volume of loans given by Bank24.ru to for-profit self-regulatory organizations despite overdraft went down by 36.17% (from 26.787 million RUR to 17.097 million RUR) in December 2007-January 2008.

Central Bank of Russia reports volume of loans given by Ural Innovational Commercial Bank to sole traders for 181 days to 1 year went down by 19.56% (from 1.38 million RUR to 1.11 million RUR) in December 2007-January 2008.

According to the National Managers’ League’s profitability ranking of unit investment trusts as of February 13, 2008, the share price of Alfa Capital Consumer Sector (Alfa Capital Management Company) has dropped by 9.88% since the beginning of the year.

Central Bank of Russia reports volume of loans given by Tyumenenergobank to for-profit self-regulatory organizations for up to 30 days plummeted by 99.38% (from 1,054,205,000 RUR to 6,538,000 RUR) in December 2007-January 2008.

The Minister for International and Foreign Economic Relations of Sverdlovsk Region Alexander Kharlov met the head of KFW’s Russian representation Daniil Algulyan and UBS Managing Director for Eastern Europe Martina Bigliardi Moehr. Both of these meetings had to do with the foreign banks’ plans to present their potential to the regional government and consider setting up branches in Yekaterinburg. Mr. Kharlov made a report on Sverdlovsk Region’s economic achievements in 2007 and spoke on the most promising fields of the parties’ prospective cooperation, whereupon Ms Bigliardi Moehr said she

Central Bank of Russia reports volume of loans given by Bank Uralsib to state-run for-profit organizations despite overdraft went down by 48.54% (from 84.061 million RUR to 43.261 million RUR) in December 2007-January 2008.

The volume of deposits opened by private individuals in the Ural Bank for Reconstruction and Development rose by 42.4% and reached 20,160,500,000 RUR in 2007, which is the 31st best result among the Top 100 Russian banks according to Interfax-CEA’s rating. 'The fact that the Ural Bank for Reconstruction and Development invariably does very well in terms of attracting private investors’ money proves that the bank’s deposit offers are quite competitive. The bank comes up with some new appealing offers on a regular basis, trying to improve them so as to meet the customers’ changing needs

SKB-Bank’s Board of Directors approved of the decision taken at the extraordinary general meeting regarding the increase in the bank’s authorized capital. The capital is to be raised by 35% and will thus reach 1,822,775,000 RUR, the bank’s press officer reports. This is expected to be done through an additional share issue of 471,630,000 ordinary shares with face value of 1 RUR each. The share price was determined by the BOD at 3.7 RUR apiece.

Central Bank of Russia reports volume of loans given by Uralfinprombank to sole traders despite overdraft went down by 100% (from 15 million RUR to zero) in December 2007-January 2008.

Central Bank of Russia reports volume of loans given by Sverdlovsk Gubernskiy Bank to for-profit self-regulatory organizations for 1 to 3 years went down by 14.39% (from 256.191 million RUR to 219.33 million RUR) in December 2007-January 2008.