Uralfinprombank’s license allowing the bank to render data encryption services (registration number LF/06-4005, issued on April 10, 2003) expired on April 10, 2008. Besides, the bank’s license entitling the company to maintenance of encrypting devices (registration number LF/06-4003, issued on April 10, 2003) and the license allowing the bank to distribute their encrypting facilities (registration number LF/06-4004, issued on April 10, 2003) expired on April 10, 2008 as well.

Central Bank of Russia reports volume of loans given by Tagilbank to sole traders for 91 to 180 days went down by 43.13% (from 11.94 million RUR to 6.79 million RUR) in January-March 2008.

According to the Central Bank of Russia, volume of loans given by UralFinPromBank to sole traders for 31 to 90 days dropped by 93.5% (from 18.18 million RUR to 1.18 million RUR) in January-March 2008.

Central Bank of Russia reports volume of loans given by Khanty-Mansiyskiy Bank to nongovernmental financial institutions for 181 days to 1 year went down by 19.51% (from 803.595 million RUR to 646.795 million RUR) in January-March 2008.

‘Following the request of the defendant, the hearing of case А60-3641/08 (Yekaterinburg municipal council vs. Concern Kalina) was postponed till April 24, 2008,’ the spokesperson for Sverdlovsk Region Court of Arbitration Yulia Kolyasnikova said to UrBC. ‘The city council wants to get the rent Concern Kalina owes it; the council’s press officer claims Kalina owes them 2,437,736.37 RUR worth of rental fees for using the municipal land allotments in 2006 and 2007,’ Ms Kolyasnikova explained.

MICEX and RTS experts compiled a rating of professional stock market players in March 2008, and the Ural Bank for Reconstruction and Development was given some rather impressive positions: the bank was rated Russia’s 36th best player on the stock market (compared with the 37th position in February 2008) among MICEX’s 640 participants. The bank’s trading operations turnover came to 5.6 billion RUR. RTS (FORTS) rated the Ural Bank for Reconstruction and Development as the 18th most successful player on the futures and option transactions market among 132 market participants; its transactions

VISA-SKB cardholders can now enjoy SKB-Bank’s new services, for instance, the bank’s first Yekaterinburg-based cash-in ATM that is located at 75 Kuibyshev St. (the bank’s HQ). This new multi-tasking ATM combines the options of withdrawing cash from one’s account and topping it up with cash, paying one’s mobile phone and housing bills or for using satellite TV. ‘Besides, SKB-Bank’s new service gives you a chance to take care of your loved ones. If your family goes on vacation, make sure you give your spouse an additional bank card (it will only take little time to have this card issued), and

Central Bank of Russia reports volume of loans given by Universal Bank to for-profit self-regulatory organizations for 181 days to 1 year went down by 39.64% (from 13.3 million RUR to 8.028 million RUR) in January-March 2008.

Sberbank of Russia introduced its 25th Chelyabinsk-based lending center in April 2008. The new outlet can be found at 316 Sorok Let Pobedy St. and is meant exclusively for offering loans to private individuals. The bank’s experts can help customers find the most suitable lending scheme that would work best for them, calculate their monthly payments for them, assist them with the form-filling, and consult those who need professional advice free of charge. The new lending center offers the bank’s customers fifteen lending schemes to choose from, while this variety of schemes has been shaped to

The net profit of GRAN Commercial Bank went down by 35.3% in the first quarter of 2008. ‘This drop in profits compared to the last quarter of 2007 had to do with the expected decrease in the issuer’s securities transactions revenues as well as some seasonal factors,’ the bank reports. GRAN’s net profit amounted to 24,540,000 RUR in January-March 2008 compared with 37,955,000 RUR in October-December 2007. This information was published in compliance with the demand that any issuer and/or a joint stock company must promptly reveal any data that can influence its stock price.

According to the Central Bank of Russia, volume of loans given by Bank URALSIB to state-run for-profit organizations for 31 to 90 days went down by 100% (from 12 million RUR to zero) in January-March 2008.

The rental agreement Koltsovo airport of Yekaterinburg signed with the state says the airport must pay a certain fee (defined in Appendix 3 to the agreement) for using some state-run property on a monthly basis. As it happens, Koltsovo airport failed to make these payments, and the total sum of the debt has come to 206,424,458.54 RUR so far, the spokesperson for the Federal Property Management Agency (aka Rosimuschestvo) reports. ‘As the airport failed to pay its monthly fees, Rosimuschestvo’s Sverdlovsk Region division had to file a complaint with the court, demanding that their rental

A group of polar explorers came back from Vorkuta to Yekaterinburg on April 10, 2008. Fourteen Yekaterinburg dwellers returned from their journey to the Arctic Ocean targeted at exploring the little-known island of Langotango. At the moment, no information about this island can be found in any geographical reference books or on the Internet. All the data collected by the brave travelers are to be processed and offered to Russian scientific research centers, the spokesperson for Ural Airlines reports. According to Oleg Maiorov, who inspired and organized the expedition, there are still many

Central Bank of Russia reports volume of loans given by Uralfinance Commercial Bank to for-profit self-regulatory organizations for 31 to 90 days dropped by 90.27% (from 53.95 million RUR to 5.25 million RUR) in January-March 2008.

The hearing of case А60-1122/08 Rosimuschestvo vs. Koltsovo airport (the regional division of the former being the plaintiff, the latter the defendant) has been postponed till April 29, 2008. Rosimuschestvo is planning to cancel the rental agreement it has with the airport regarding its premises. The court’s press officer reports this agreement involves renting of state-run property such as the airport apron, the runways, the aircraft parking areas and so on; the whole set’s balance sheet value has been estimated at 397,285,629 RUR.

Central Bank of Russia reports volume of loans given by Perviy Respublikanskiy Bank to sole traders despite overdraft plummeted by 100% (from 2.27 million RUR to zero) in January-March 2008.

According to the Central Bank of Russia, volume of loans given by Ural Innovational Commercial Bank to private individuals for 181 days for 1 year went down by 19.88% (from 9.206 million RUR to 7.376 million RUR) in January-March 2008.

The Court of Yekaterinburg’s Leninskiy district sentenced Transglobal Airline’s top executive Mikhail Churkanov to twenty-seven months in prison. Given that the accused has already spent twenty-six months in detention, his term will be over in May 2008. Mikhail Churkanov was charged with large-scale fraud (Article 159 of Russian Criminal Code) after Mir Travel Company signed a contract with Transglobal in September 2005 regarding five charter flights the latter was supposed to have operated in the winter of 2005/2006. Mir’s customers were unable to leave Yekaterinburg for Salzburg on December

Forbes’ latest Global – 2000 rating features the world’s 2,000 largest corporations ranked on the basis of their revenues, profits, assets, and market capitalization. These four development indicators are believed to present an objective picture of a company’s affairs. The capitalization data pertained to February 29, 2008, while the other three figures covered the period of twelve months. In addition, the company had to sell its produce in the U.S. or have ADRs, sell its shares for at least $5 apiece and get at least $1bn in terms of revenues. The rating includes companies based in sixty

CIT Finance’s net loss came to 1.308 billion RUR in the first quarter of 2008, while the company made 2.9 billion RUR worth of profit only a year earlier and had 367.034 million RUR worth of revenues in the last quarter of 2007. This information has been provided by RBC.daily.