HomeMaterials for 28.10.2016
28 October 201613:01

Yekaterinburg: Car Sales Down 22%

UrBC, Yekaterinburg, October 28, 2016. 25,372 new automobiles were sold in Yekaterinburg in January through September 2016, which was 22% less than one year earlier, Auto-Dealer-Yekaterinburg reports. September was, in fact, this year’s peak sales month, when 3,497 new cars got purchased from dealers; this only falls short of last September’s figures by a mere 5% (the smallest monthly decrease since December 2014, when the drop amounted to 3%). Also, as many as five automobile brands among the top ten bestsellers sold better in the three quarters of the year than previously, whereas the sales
28 October 201613:01

Ural Airlines Resume Dubai Flights

UrBC, Yekaterinburg, October 28, 2016. Ural Airlines recently resumed their Samara-Dubai flights, the air carrier’s press service reports. ‘Starting from October 29, weekly flights will be operated from Samara’s Kurumoch Airport to the emirate famous for its luxurious hotels, enormous shopping malls, and incredible entertainment,’ the press service says. Tickets are already available for booking and purchase, with prices starting from 17,073 RUR (round trip, luggage and other fees excluded). You can book on the airline website, using UralAirlines mobile app, over the phone (+7-800-77-00-262)
28 October 201613:00

SKB-Bank Among Russia’s Top 3 Lenders

UrBC, Yekaterinburg, October 28, 2016. SKB-Bank proved one of the top three lenders among Russian banks based outside Moscow and Saint Petersburg, the bank’s press service reports. The rating was compiled by Kommersant analysts on the basis of the banks’ consumer loan data as of October 1, 2016. With Moscow- and Saint Petersburg-based banks accounted for, SKB-Bank was No.23 in the national rating. SKB-Bank’s private individual loan book amounts to over 64.5bn RUR at the moment, with interest rates starting from 15.9% a year.
28 October 201613:00

UBRD: Central Bank to Keep Bringing Key Rate Down

UrBC, Yekaterinburg, October 28, 2016. Provided inflation rate expectations carry on diminishing, Russia’s Central Bank is likely to keep bringing the key rate down next year, the Ural Bank for Reconstruction & Development’s Holistic Risk Management Director Dmitri Zavyelov says. ‘The national inflation rate went down by 0.4% in September 2016 and thus amounted to 6.4%. The Central Bank’s analytical report states that people’s inflation expectations have been going down. For one, the share of those expecting the inflation to get worse dropped from 21% down to 18%, while the share of
28 October 201613:00

ChTPZ to Issue Bonds

UrBC, Yekaterinburg, October 28, 2016. Chelyabinsk Tube Rolling Plant (ChTPZ) Board of Directors adopted a bond-issuing procedure for 001P Series bonds (50bn RUR or their foreign currency equivalent altogether), ChTPZ Group’s press service reports. The bonds are to be in coruscation for fifteen years at the most. The plant’s Deputy DG for Finance & Economy Valeriy Borissov says ‘the Russian bond market has been doing good so far and looks like a promising source of funding for the country’s businesses.’ ‘The funds obtained through the upcoming bond issues will get directed to improving