Aston, the local developer, announced via its official website that the price of a one-room apartment in Aston Plaza located at 61 Radischev St. in Yekaterinburg had dropped from 4.554 million RUR to 3.9 million RUR. This decrease in price is reported to be a ‘special offer’, but the low demand for Aston Plaza’s apartments might also be the reason for this. Aston’s Chairman Vyacheslav Trapeznikov said in the course of a TV interview in May 2008 that only a third of all apartments had been sold at that moment, while the building itself was to be commissioned in the last quarter of 2008.

Following the changes in its structure and adoption of the new Charter, Ural Treasures Bank edited its name. Starting June 27, 2008, the bank’s full name is Ural Treasures Commercial Bank (open joint stock commercial company), or Ural Treasures Bank (OJSC) for short.

‘After Koltsovo airport of Yekaterinburg increased its jet fuel prices once again, the fuel fee (a common part of most travel packages) rose by about ?70 on average. The airport has introduced considerable price increases three times this year, with prices going up 15% each time,’ says Zima-Leto travel agency’s acting director Maria Shulika. The Federal Antimonopoly Service reports jet fuel prices remained the same throughout January 2006 to November 2007, whereas between November 2007 and June 2008, prices soared by 70%. Twenty Russian airports sell jet fuel at prices higher than this

Central Bank of Russia reports volume of loans given by Ural Innovational Commercial Bank to private individuals for 1 to 3 years went down by 24.44% (from 6.48 million RUR to 4.896 million RUR) in January-May 2008.

Central Bank of Russia reports volume of for-profit self-regulatory organizations’ deposits in VUZ Bank valid for up to 30 days dropped by 65.50% (from 34.5 million RUR to 11.9 million RUR) in January-May 2008.

The Ural Bank for Reconstruction and Development made a presentation of its first Magnitogorsk-based office. The office is located right in the center of the city at 15 Oktyabrskaya St. and offers its customers a full range of modern and profitable banking services. The nice assortment of products has been shaped in such a way that best fits the local dwellers’ needs. Private customers can apply for a loan, open ruble, dollar, or euro deposits (in fact, there is even an option of opening a bank deposit through an ATM), have their currency exchanged, make a number of payments, and get some

‘Elite-Bank is a new format of customer service, aimed at customers who enjoy top quality comfort. This naturally costs you a bit more, but what we offer is individualized, custom-made service, and our customers have the option of never even seeing each other and remaining totally anonymous if they like,’ SKB-Bank’s BOD Chairman Mikhail Khodorovskiy announced in the course of a press briefing. Mikhail Khodorovskiy reports Elite-Bank offers exhausting advice on all of SKB-Bank’s products and services. ‘Despite the fact that Elite-Bank has not been operating for very long, we have already felt

According to the Central Bank of Russia, volume of private individuals’ deposits and other investments in Pervouralsk Joint Stock Commercial Bank valid for 181 days to 1 year went down by 11.17% in January-May 2008.

Central Bank of Russia reports volume of private individuals’ deposits in Tagilbank valid for 91 to 180 days went down by 24.78% (from 80.878 million RUR to 60.833 million RUR) in January-May 2008.