METCOMBANK is Urals’ fastest-growing bank, Interfax-CEA says

According to Interfax-CEA’s rating, METCOMBANK proved the Urals’ No.1 bank with the fastest-growing assets: these rose by 40.1% over the year 2008. The ranking was based on the data available as of December 31, 2008 and involved 987 banks altogether, including 56 banks based in Ural Federal District, METCOMBANK’s press officer reports.


The bank’s assets amounted to 19,091,300,000 RUR on December 31, 2008, thus securing METCOMBANK a ranking promotion from the 132nd position to the 118th one from the top.


‘Despite the current financial crisis, we managed to make all of our development plans come true last year. Using the strategy the bank’s stockholders adopted as early as 2007, METCOMBANK was able to double its authorized capital and expand geographically through introducing representations in Perm and Kirov. The promptly taken measures targeted at improving on the bank’s liquidity level and the fifteen years’ experience allowed us to retain the quality or services we render and to keep offering the best customer service. Apart from this, we enjoyed an impressive increase in assets,’ says METCOMBANK’s First Deputy Chairman Andrei Antipov.


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