UrBC, Yekaterinburg, November 19, 2019. The USD/RUB and EUR/RUB exchange rates are going to stay at their current levels in the coming week as businesses are making their monthly tax payments. According to Stock Market Operations Director at NEYVA Bank Dmitri Glebov, the exchange rates are only going to fluctuate within a very narrow range, as the markets are waiting for the details on the United States and China’s trade agreement. The fiscal period factor (November 15-25, 2019) will keep supporting the Russian ruble. Glebov believes the USD/RUB and the EUR/RUB exchange rates will stay within

UrBC, Yekaterinburg, November 19, 2019. Private customers applied for more loans than usual with the Ural Bank for Reconstruction & Development (UBRD) in October. According to the bank’s press service, the amount of newly issued loans also rose by 28.5% in October 2019 against September 2019; the average loan amount increased by 14%. ‘The bank adopted a rather cautious risk policy and managed to get a quality loan book as a result. Our appealing lending terms bring bona fide borrowers, so the new debt ratio regulations the Russian Central Bank adopted recently did not affect our business.

UrBC, Yekaterinburg, November 19, 2019. NEYVA Bank joined the Russian Central Bank’s faster payments system (FPS) and is now the country’s 26th and one of the Urals’ first banks to do so. According to the bank’s official press statement, NEYVA Bank’s private customers will be able to make instant payments to their own or other holders’ bank accounts in any other FPS member bank using only a mobile phone number, any time, anywhere in Russia, starting November 18, 2019. Chair of the Board at NEYVA Bank Pavel Yefremov says the bank keeps track of all the new services on the market and only

UrBC, Yekaterinburg, November 19, 2019. The housing developer Brusnika is starting two new projects and selling future homes in Yekaterinburg, the company’s press service reports. On offer are the apartments and urban villas in Shishimskaya Gorka in Uktus and Severny Kvartal next to Prospekt Kosmonavtov (Yekaterinburg Metro station). There about 542 apartments with new layout solutions. Shishimskaya Gorka is a large-scale comprehensive area development project in the center of Uktus. The project will get accomplished in three stages: first, a block of apartment buildings 10 to 17 stories high

UrBC, Magnitogorsk, November 19, 2019. Magnitogorsk Iron & Steel Works (MMK) is coordinating its usual seasonal immunization campaign (the flu shots are free of charge for MMK Group’s employees), MMK’s Information & PR Department reports. ‘This year, MMK Group’s management tripled the amount of funds to cover the flu shots. 9,000 workers got vaccinated last year and as many as 26,000+ employees are expected to get vaccinated by the end of this year’s campaign. The free flu shots are available at any of the forty medical units on the company’s production site; thirteen units are open