URSA Bank hits Finance’s Top 500 rating

9 October 2008 (09:13)

URSA Bank was given the 183d position on the Finance magazine’s Russia’s Top 500 companies list in terms of revenue volume in 2007. What is more, the bank proved the country’s fourth fastest-growing business, thus getting promoted by 144 positions compared to a year earlier.

According to the magazine’s rating, URSA Bank’s profits reached 24.07 billion RUR in 2007, which was 144% better than in 2006. The bank’s net profit rose by 163% and came to 3.77 billion RUR.

URSA Bank was rated the country’s 14th most successful bank in terms of revenue last year against the 20th position in 2006. Sberbank, with its 529 billion RUR worth of revenues was Russia’s No.1 bank as well as the 7th largest business.

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