Ural Bank for Reconstruction and Development rated 34th in MICEX rating
In July 2008, the Ural Bank for Reconstruction and Development was promoted from the 38th to the 34th position in MICEX Top 50 share market players rating. 654 market operators competed for a position in the rating altogether, while the bank’s promotion was brought about by a turnover increase: this went up from 4.4 billion RUR in June 2008 to 6.5 billion RUR in July 2008. In addition, the volume of the bank’s REPO transactions at MICEX stock exchange rose from 3.8 billion RUR to 22.9 billion RUR, or by over six times in July 2008 compared to a month earlier. As a result, the bank was