Central Bank of Russia reports volume of loans given by Uralprivatbank to natural persons for up to 30 days went down by 100% (from 850,000 RUR to zero) in January-February 2008.

Central Bank of Russia reports volume of loans given by UralTransBank to for-profit self-regulatory organizations for up to 30 days went down by 28.34% (from 19.93 million RUR to 14.281 million RUR) in January-February 2008.

‘Ural Airlines currently operates up to twelve flights to Moscow; now, thanks to the flights becoming more frequent, our customers can choose the best option for them and plan their business trips with the greatest possible convenience time wise,’ the airline’s press officer said to UrBC. ‘The recent increase in the number of flights involves week days mainly. The newly added flight leaves Yekaterinburg at 9.30 AM and takes off in Moscow at 11.30 AM,’ the press officer said. The company’s complete timetable is available at One can book and buy a ticket either through any of the carrier’s

‘Sverdlovsk Region received 1.650 million square meters of housing last year, while this year’s program provides for 2 million square meters of housing, 112 kilometers of highways, eight hospitals, a dozen schools, three kindergartens, and 20 kilometers of power transmission lines,’ head of the regional division of the state construction monitoring authorities Ivan Rabtsevitch announced at a press conference on March 18, 2008. ‘The region has over 2,000 construction sites at the moment, most of which have serious quality problems. About 20% of all the buildings do not meet the obligatory

VUZ Bank had 101.079 million RUR worth of overdue debt on the consumer loans offered to the bank’s customers on March 1, 2008, which is 24.31%, or 24,570,000 RUR greater than on January 1, 2008. The share of overdue debt in the bank’s loan portfolio thus came to 3.4%. This information is available from a report on the growth dynamics of consumer loan portfolios of the largest banks located in Sverdlovsk, Chelyabinsk, and Tyumen Regions as well as in Perm Territory in January-February 2008. The report can be found on Bank Severnaya Kazna’s official website.

The Ural Bank for Reconstruction and Development came up with a new offer for businesses and organizations on March 17, 2008. The new, increased interest rates on deposits mean the bank’s customers can now make the best of their capital and get the greatest return on investments. The interest rates were raised for the current Liquid and Fixed-Term deposit schemes as well as for the U.S. dollar deposits. In addition, the bank launched new attractive deposit schemes known as Great Profit and 13 for 13.

The value of net assets of BCS Oil Fund (BrokerCreditService Management Company) went down by 5.12%, dropping from 40,332,757 RUR on March 14, 2008 to 38,265,97.41 RUR on March 17, 2008. This information was published in compliance with the demand that any issuer and/or a joint stock company must promptly reveal any data related to their activity that might influence the company’s stock price.

‘Today’s technologies make it possible to collect data and manage a number of processes virtually anywhere on the globe, including Yekaterinburg. This is one of Russia’s largest cities, a major junction point as well as a logistics terminal with unique geographical position. A great many important Russian businesses’ head offices are based in Yekaterinburg,’ Oleg Borisov, the General Director of Europe-Asia, the information and consulting center, said to UrBC explaining why the company’s headquarters were located in Yekaterinburg. ‘Like in any other business, the thing that matters most is

Central Bank of Russia reports volume of loans given by Tyumenenergobank to natural persons for 31 to 90 days dropped by 100% (from 5 million RUR to zero) in January-February 2008.

Chairman of SKB-Bank Mikhail Khodorovskiy took part in the Russian economic and financial forum in Zurich, Switzerland on March 16-17, 2008. The agenda of the forum was reported to cover issues like the state of Russian economy, the country’s socio-economic developmental potential in 2008-2010, the results of the presidential and Duma election campaigns, the major development directions and challenges of Russia’s financial system (the banking and the insurance sectors), and trying aspects (including legal ones) of international economic and financial cooperation. The forum was attended by the

Sverdlovsk Gubernskiy Bank had 32.935 million RUR worth of overdue debt on the consumer loans offered to the bank’s customers on March 1, 2008, which is 8.5%, or 2,800,000 RUR greater than on January 1, 2008. The share of overdue debt in the bank’s loan portfolio thus came to 2.9%. This information is available from a report on the growth dynamics of consumer loan portfolios of the largest banks located in Sverdlovsk, Chelyabinsk, and Tyumen Regions as well as in Perm Territory in January-February 2008. The report can be found on Bank Severnaya Kazna’s official website.

Central Bank of Russia reports volume of loans given by Uralfinprombank to sole traders for 31 to 90 days went down by 91.01% (from 18.18 million RUR to 1.635 million RUR) in January-February 2008.

‘Any asset has a price, and the shareholding of the problematic Nizhniy Tagil-based plant is no exception,’ Bank24.ru’s Deputy Chairman and CEO Boris Dyakonov said to UrBC. In the meantime, it has been unofficially reported that the bank intends to sell the plant’s shareholding it currently owns. ‘We are considering a few proposals at the moment, and some of these look suitable in terms of both the sum offered and the contractor’s reputation. Bank24.ru’s BOD members can use a number of strategies, including selling this asset, but we haven’t come up with any final decision yet,’ he added.

The construction process of MMK Atakaş A. Ş., a Russian-Turkish joint venture, began in the course of a solemn opening ceremony in Iskenderun, Turkey, the spokesperson for Magnitogorsk Iron & Steel Works (MMK) reports. The ceremony was attended by the Turkish Deputy Prime Minister Nazým Ekren, Russian ambassador in Turkey Vladimir Ivanovskiy, MMK Chairman Viktor Rashnikov, and Atakaş CEO R. Atakaş. Mr. Rashnikov said in his welcoming remark that the project was important for both MMK and Atakaş’s strategic plans as well as for Russian-Turkish cooperation as a whole. MMK and Atakaş decided

According to the media reports, the authority of Evgeniy Terebenin, the General Director of Autoland car center, has been terminated; the company’s press officer refused to give any comments. It has been reported that Mr. Terebenin is going to become the company’s Development Director, while the center’s former Regional Director in Ufa and Magnitogorsk Konstantin Kudryavtsev is to be appointed the new GD.

Last year, Chelyabinsk Tube-Rolling Plant and Pervouralsk New Pipe Plant (members of ChTPZ Group) paid 6.123 billion RUR worth of taxes, which exceeds the figures for a year earlier (5.25 million RUR) by 17%. This includes 2.485 billion directed to the federal budget, the Group’s press officer said to UrBC. Chelyabinsk Tube-Rolling Plant paid 3.191 billion RUR worth of taxes in 2007, which is nearly 1.5 times more than the 2.188 billion RUR paid in 2006; this included 1.424 billion RUR directed to the federal budget, 1.337 billion RUR transferred to Chelyabinsk Region’s budget, and 154.6

Central Bank of Russia reports volume of loans given by SberInvestBank to natural persons for 1 to 3 years went down by 30.11% (from 25.126 million RUR to 17.561 million RUR) in January-February 2008.

The value of net assets of Energy – Mixed Investments (the unit investment trust) managed by Eurogreen Management Company Ltd. went down by .39% between March 12, 2008 and March 13, 2008. According to Eurogreen’s website, the company’s net assets decreased from 2,947,296.72 RUR on March 12, 2008 to 2,935,701.17 RUR on March 13, 2008.

The results of a research conducted by the National Agency of Financial Research (NAFI) show that Russian people are most aware of fixed-term deposits and consumer loans as far as financial services are concerned. ‘One can’t help noticing that people are becoming increasingly more financially literate; they have by now realized that one does not have to save up for years to buy something one needs; taking a loan from a bank is much easier. At the same time, the days when people used to hoard their cash are gone as well. Russians are now taking advantage of bank deposits and see them as a way

‘Providing economic security is a totally new skill that one cannot pick up at the Federal Security Service or the Ministry of Internal Affairs’ schools or academies. This is a kind of expertise based on the combination of experiences and practices shared by hundreds of experts of all sorts, who have been working in the field for years and sometimes learned from their own mistakes. Nowadays, a professional economic security expert is not just a security officer but also someone with deep knowledge of business security technologies with some actual experience of putting them to practice,’ Oleg