‘An economic surge is not very likely to happen in the second half of the year. The Central Banks are considering cutting back on the stimulus money packages, while investors are not as optimistic any more as they used to be in the beginning of the year. The ruble-strengthening stage is over, so the ruble is now fluctuating between its ups and downs. Given the unsolved economic problems, the euro will probably cost 1.22 EUR/USD on average, whereas the dollar might come to the ratio of 31.7 to 32 RUR per dollar. As for the euro, it looks relatively stable at 38.7 to 39 RUR per euro,’ says

Moody’s Investors Services, the international rating agency, changed the outlook of MDM Bank’s D financial strength rating (BFSR) and Ba2 foreign currency deposit rating from Negative to Stable. The agency feels this promotion signifies the bank’s enhanced liquidity and great market capitalization as well as the successful completion of the merger between MDM Bank and URSA Bank. Moody’s reports the recently united bank preserved and improved its corporate structure and basic financial performance indicators. ‘The merger was generally beneficent for MDM Bank’s market presence, its brand

The employees of Lab Tests & Engineering Measurements Center’s Chelyabinsk Region division carried out a multi-faceted environmental inspection of Russian Copper Company’s ZAO Karabashmed at the end of June 2010. The experts’ conclusion states that the enterprise does not exceed the maximum permissible atmospheric discharge quotas set for its copper-smelting facilities No 0015 and vitriolic facilities No 0202. ‘Once I have become the company’s director, no emergency or excessive discharges ever occur. This is what the recent inspection proved. However, even the within-the-limits

The credit rating given to SKB-Bank by Rus-Rating was affirmed at BB+ once again on July 1, 2010. This is actually the greatest result among all Sverdlovsk Region-based banks. Rus-Rating’s analysts explain the SKB-Bank’s current strengths are the great probability of state support and the presence of financially strong proprietors with their help. They also point out the bank’s current share of the market, its reliable business customer base made up of Sverdlovsk Region’s large, credit-worthy enterprises, its lack of dependence on the international funding, and its capital adequacy. ‘SKB-Bank