According to the Central Bank of Russia, the volume of for-profit self-regulatory organizations’ deposits in VUZ Bank valid for up to 30 days plummeted by 100% (from 34.5 million RUR to zero) in January-March 2008.

Central Bank of Russia reports volume of loans given by Perviy Respubliknaskiy Bank to for-profit self-regulatory organizations for 181 days to 1 year dropped by 88% (from 25 million RUR to 3 million RUR) in January-March 2008.

Uralmash Machine-Building Corporation, Yekaterinburg-based Electrotyazhmash, and ELTA (located in Kharkov, Ukraine) signed a tripartite agreement on strategic cooperation in the field of development, production, and market promotion of excavating, drilling, and other kinds of machinery. The spokesperson for Uralmash Machine-Building Corporation reports the three parties are planning to sign contracts that would allow each of the companies to build up their technological and engineering potentials, raise production outputs, use their capacities to the fullest, launch new product types as well

The Ural Bank for Reconstruction and Development was able to raise the number of its bank card-handling outlets by 8% in the first quarter of 2008. The figure thus reached over 480 points, including 220 ATMs and 260 cash outlets. Six new ATMs were introduced in Sverdlovsk Region, three in Chelyabinsk Region, three in Perm Territory, and three in the Republic of Bashkortostan. The number of the bank’s cards had reached 437,367,000 by the end of March 2008, which was 9% better than a year earlier. The volume of consumer loans and express loans given by the bank went up as well. The company does

According to the Central Bank of Russia, volume of loans given by Bank Uralfinance to natural persons for over 3 years went down by 11.33% (from 102.902 million RUR to 91.247 million RUR) in January-March 2008.

Ural Airlines started offering its customers e-tickets within the framework of an interline agreement the carrier has with Hagn Air Lines GmbH. Now people can buy Ural Airlines’ e-tickets anywhere on the globe, provided the place has a booking office or an agency that cooperates with Hagn Air. At the moment, this is already possible in Belgium, Germany, China, India, Japan, Australia, the South African Republic, Canada, Brazil, and Chile, the airline’s press officer reports. This interline agreement was signed by the two airlines in the summer of 2007, while the technical testing (supported

Sberbank’s Ural branch had given 90 billion RUR worth of loans to private customers by the end of April 2008. The number of borrowers came to over 765,000 people, with 63,500 loan agreements signed in the first quarter of 2008 alone. This means more than 20,000 people take a loan from Sberbank’s Ural branch each month. ‘This building up of our private individuals’ loan portfolio stems from our experts’ hard work and our customers’ great trust. And we keep on improving on our service and offering new lending schemes as well,’ says Sberbank’s Ural branch’s Private Customer Lending Director

The Federal Antimonopoly Service rejected VSMPO AVISMA’s request, denying the latter the right to buy 18% of Ural Gold’s shares. This ore mining enterprise’s major asset at the moment is the license allowing it to develop Yuzhno-Shameyskoye molybdenum ore deposit in Sverdlovsk Region. The Service explains that, among other things, VSMPO AVISMA failed to provide the antimonopoly watchdog with accurate data on the company’s stockholders.

SKB-Bank’s own funds came to over 5 billion RUR on April 1, 2008, which is Sverdlovsk Region’s best result that exceeds the second best one by more than 1 billion RUR. In addition, SKB-Bank thus became Ural Federal District’s third largest bank in terms of own funds and is now hoping to expand significantly. SKB-Bank’s net assets reached 31.622 billion RUR on April 1, 2008 compared with 30.684 billion RUR on April 1, 2007. The private customers’ deposits rose by 1.35 billion RUR in the first quarter of the year and amounted to over 8.3 billion RUR altogether. Besides, the bank offered some

Central Bank of Russia reports volume of loans given by Tagilbank to private individuals despite overdraft went down by 27.8% (from 2.628 million RUR to 1.897 million RUR) in January-March 2008.