The Central Bank of Russia reports volume of loans given by Perviy Respublikanskiy Bank to non-state for-profit organizations for 1 to 3 years had gone down by 14.75% (from 547.103 million RUR to 466.379 million RUR) by April 1, 2009.

The international rating agency decreased AKB Absolut Bank’s long-term Issuer Default Rating from BBB+ to BBB, with Negative rating outlook. This decrease is actually a follow-up on Fitch’s demoting the bank’s parent enterprise KBC Bank’s rating down to A; besides, the lowered rating reflects the agency’s concerns over KBC Bank’s weakened financial status and its dependence on the state support. What is more, the bank’s ability to help its Russian daughter enterprise if necessary looks a bit dubious at the moment. The Negative rating outlook indicates that KBCB’s own financial indicators keep

The bank’s shareholders decided at the annual general meeting in Yekaterinburg that they should pass the dividend for 2008. What is more, they voted unanimously for closing down the previously created development fund, savings fund, and consumption fund. The leftovers of these funds’ reserves are to be directed into the undistributed profit category. The meeting closed with the approval of the bank’s annual report for 2008 and electing the BOD members.

‘We’ve had some problems with getting some of our loans prolonged and refinanced at Bank Severnaya Kazna, despite our being their major customer and having the largest lending portfolio there,’ President of Mayak Corporation Marina Konkova said at a regional committee meeting. This seventeenth meeting of Sverdlovsk Region Government Committee for Business Support was chaired by Head of Sverdlovsk Region Government Viktor Koksharov.