According to the National Managers’ League’s profitability ranking of unit investment trusts as of February 28, 2008, the share price of Ostankino-Rossiyskaya Svyaz (Bank of Moscow Management Company) has gone down by 22.85% since the beginning of the year.

Sverdlovsk Region Court of Arbitration considered case А60-1107/08 (Koltsovo airport vs. Aviaprad) on March 3, 2008. The airport laid a claim against the carrier, demanding that Aviaprad pay them back 517 million RUR. The airport’s claim was fully sustained, so according to the court’s ruling, Aviaprad now must pay Koltsovo airport 517,879,895.1 RUR. 'All the papers related to the court’s decision will be ready in five days’ time, whereupon the deadline for paying back the debt will be determined for Aviaprad,’ the spokesperson for the court Yulia Kolyasnikova said to UrBC. All in all,

The Ural Bank for Reconstruction and Development topped the cardholders’ rating coordinated by Creditcard.ru. Based on the results of an online survey, the bank was believed to be the most active organization on the bank card market last year and crowned the Top 20 Banks ranking that features both provincial and federal businesses. This ‘people’s rating’ is an independent assessment of banks given by their customers on a scale of zero to ten. The evaluation was converted in the so-called trust index the customers have for a particular bank card. As far as the latest rating was concerned, the

The share price of Energy - Mixed Investments (the unit investment trust) managed by Eurogreen Management Company Ltd. went down by .76% between February 26, 2008 and February 27, 2008. According to Eurogreen’s website, the company’s share price decreased from 1,039.22 RUR on February 26, 2008 to 1,031.36 RUR on February 27, 2008.

Central Bank of Russia’s General Division in Sverdlovsk Region registered the additional issue of Bank Severnaya Kazna’s 6,170,000 shares with face value of 10 RUR each. There is no fixed maturity date for the shares, and these are most likely to be acquired by East Capital Explorer Financial Institutions Fund AB.

Central Bank of Russia reports volume of loans given by Pervouralsk Joint Stock Commercial Bank to non-profit NGOs for 181 days to 1 year went down by 13.14% (from 213.644 million RUR to 185.579 million RUR) in January-February 2008.

Uraltransgaz, Gazprom’s daughter enterprise, is now to be known as Gazprom Transgaz Yekaterinburg. The business was renamed after the corresponding order regarding the need to preserve the unity of Gazprom’s brand and style among all of its Russian branches was made by Gazprom’s Chairman Alexei Miller. The new name is not going to result in any structural changes or personnel rotation, the spokesperson for the company said to UrBC.

According to the Expert-Ural magazine, Ural banks tended to give a lot more consumer loans last year compared with the previous one; besides, the banks’ assets and funds rose simultaneously by 36% on average. Sverdlovsk Region’s banks were reported to have the greatest volume of assets altogether among Ural Federal District’s banking communities. SKB-Bank was declared the fastest-growing business among the Urals’ Top 10 banks in 2007; the bank’s assets grew by 64% last year, which is twice as much as the average figures. In addition, SKB-Bank was Sverdlovsk Region’s largest bank in terms of

URSA Bank’s pro forma asset volume (calculated in compliance with the IAS) rose by 1.6 times and reached $6.8bn in 2007, while the bank’s own funds increased by 2.1 times and came to $1.173bn. URSA Bank’s net profit for the year 2007 is expected to exceed $150m, their press officer reports.

Central Bank of Russia reports volume of non-profit NGOs’ deposits in Tagilbank valid for 31 to 90 days plummeted by 100% (from 44.878 million RUR to zero) in December 2007-January 2008.