‘Mechel-Bank has gone up by fifty-two positions in RBC.Rating’s ranking of Russian banks in the first half of 2008. This means it is now one of Russia’s fastest-growing banks, as we were able to double our business in less than a year. We appreciate it greatly that the bank has made such progress by its 18th anniversary, so we intend to keep this pace up and make it to the Greater Urals’ top five banks over the next five years,’ says Mechel-Bank’s Chair Elena Nesterova.

‘Both Chelyabinsk and Sverdlovsk Regions have recently adopted development programs for 2008-2020, and our primary challenge at the moment is to become the main supporting bank for the programs implementation,’ she notes.