UrBC, Yekaterinburg, February 5, 2018. The Ural Bank for Reconstruction & Development (UBRD) issued RUR 1bn worth of mortgages to its customers altogether, the bank’s press service reports. The majority of mortgage loans (over 50%) got issued in Sverdlovsk Oblast (namely, in Yekaterinburg and Nizhniy Tagil), with Chelyabinsk and Ufa second and third most portage-proactive locations. 70% of mortgages were meant for buying existing homes; 20% were part of a debt refinancing program; 5% were meant for buying new homes; and 5% were meant for buying a place with the help of a government

UrBC, Yekaterinburg, February 5, 2018. The Ural Bank for Reconstruction & Development (UBRD) keeps expanding its SME-oriented branch network. The bank set up an outlet in Saratov (Samson Business Center at 145a Rabochaya St) at the end of January, as well as another one in Kemerovo (Mayak Plaza at 2b Oktyabrsky Ave). ‘These are ‘mini-versions’ of our full-service branches without a cash desk. We only offer our services to small and medium enterprises there. A business person can open a settlement account, sign an acquiring contract, put some money onto a deposit account, and apply for a

UrBC, Yekaterinburg, February 5, 2018. Ural Airlines are launching a summer flights sale for Wings Club members on February 3-11, 2018. Every day, tickets for a new destination will be available at a discount (up to 30%), the air carrier’s press service says. ‘On February 3-11, 2018, Wings Club members will take part in a summer flights sale. Reduced price tickets will be offered on a specific new destination every day. This could be Georgia or the Black Sea locations, China, or Europe’s tourist destinations,’ the press service says. You can get more updates on what flights will be offered on

UrBC, Yekaterinburg, February 5, 2018. Governor of Chelyabinsk Oblast Boris Dubrovsky held a meeting with M.I. Glinka Chelyabinsk State Opera & Ballet Theater’s Board of Trustees at the theater building. ChTPZ Group shareholders Andrei Komarov and Alexander Fedorov, who are both on the board, attended this meeting among other members, the Group’s press service reports. The meeting participants looked into the Board of Trustees’ performance in 2017, with a focus on facilities and supplies upgrades and investments (for one, the theater got new, up-to-date lighting and sound fixtures). It

UrBC, Yekaterinburg, February 5, 2018. Sverdlovsk Oblast-based companies active in all the basic economic sectors brought in 84.2% of tax revenues the federal constituency transferred to the national budget, Russia’s Federal Tax Service’s Sverdlovsk Oblast division reports. RUR 262.8bn got paid in taxes in January-December 2017, which exceeded the figures for a year earlier by RUR 36.7bn, or 16.2%. Companies operating in the processing sector paid RUR 94.9bn in taxes, those operating in retail and wholesale trade paid RUR 56.7bn, those operating in the real estate sector, rental services, and