UrBC, Yekaterinburg, April 27, 2020. NEYVA Bank and SOGLASIE VITA Insurance Company Limited came up with a new insurance offer: STOP VIRUS is meant to support Covid patients or the families of patients who died from the virus. According to the bank’s press service, the insurance policy is good for one year for insured events occurring within Russia only. The offer applies to any Russian national over eighteen. Under the terms of the policy, if the insured person dies from the novel coronavirus, the family will get up to RUB 1 million in compensation payments. ‘They talk a lot about the need

UrBC, Yekaterinburg, April 27, 2020. SKB-Bank now offers its customers a digital version of the bank card instead of the traditional plastic. According to the bank’s press service, you can apply for the digital card online. The new option is available to SKB-Bank’s customers on Universal subscription package. ‘You don’t have to actually visit the offline branch in order to get the card issued: the plastic gets replaced with the digital kind! Three clicks on the online banking app and your new card is ready to use. In just a few minutes, you get a modern digital card with all the regular

UrBC, Chelyabinsk, April 27, 2020. ChelPipe Group started working to upgrade its ITSM (IT Service Management) processes in order to reduce operational risks, get IT management systems automated, and improve the company’s interaction with internal clients, that is, the in-company information resource and service users. The project is expected to get completed by the end of the third quarter of 2020. The Group’s press service says they chose one of Russia’s leading consultants IT Expert as their partner for the project. The stages of the project implementation include the following: — auditing

UrBC, Yekaterinburg, April 27, 2020. Yekaterinburg authorities keep working on making Akademicheskiy the city’s 8th administrative district. The locals are expected to vote on the name of the new district in May. The housing developer RSG-Akademicheskoye (KORTROS Group’s member enterprise) keeps putting up new living quarters in the area as well as building the social infrastructure facilities there. Such was the update made during an online session that KORTROS Group’s top managers took part in. The session was moderated by CFO at KORTROS Group Filipp Tretyakov; head of ARCHINFORM and

UrBC, Yekaterinburg, April 27, 2020. Russia’s Central Bank sums up the incoming macroeconomic data as plenty of disinflationary factors and zero factors contributing to devaluation that results in inflation. The CBR also believes that people’s increased inflation expectations are only temporary, Vice Chair of the Board at NEYVA Bank Igor Koshmin claimed after the CBR decided to bring the key rate down to 5.5% p.a. on Friday. ‘The drop in the key rate also supports economic growth and makes it less costly for the Finance Ministry to borrow funds on internal markets. Given the growing need for