Central Bank of Russia reports volume of loans given by UralTransBank to state-run for-profit organizations despite overdraft dropped by 100% (from 5.967 million RUR to zero) in January-February 2008.

Yekaterinburg customs kept trying to detect cases of trademark abuse as well as prevent it in January-February 2008. As a result, two instances of transferring pirated goods across the state border were revealed, the spokesperson for Ural Customs Administration says. The goods in question (20,000 pieces of toys and sports gear) had Pepsi and Walt Disney logos and trademarks on them, with the total cost of the products coming to over $15,000. The trademark owner has already confirmed the fact that the logos were used illegally, which means the offenders will have to face administrative

Central Bank of Russia reports volume of loans given by Bank24.ru to for-profit self-regulatory organizations for up to 30 days plummeted by 100% (from 30 million RUR to zero) in January-February 2008.

URSA Bank signed a thirty-six-million-dollar agreement with BSTDB of Greece for a term of seven years, as URSA Bank needed a loan to finance its mortgage lending operations. 'The financial sector is one of BSTDB's top priorities, and the bank is interested in promoting a competitive private segment on the Russian market. Our partner is one of Russia’s leading provincial banks, and the deal we’ve made will make it possible for URSA Bank to meet the Russian citizens’ growing needs for mortgages,’ says BSTDB's Vice President Andrei Kondakov. 'This transaction is part of our

The experts from Yekaterinburg Department of Sverdlovsk Region division of Rospotrebnadzor (the state consumer rights watchdog) inspected fourteen cosmetics manufacturers and sellers based in the central districts of Yekaterinburg last year, the Department’s press officer reports. It was revealed that a number of companies sold bottles of Taft hairspray (produced by Krasnaya Liniya based in Odintsovo, Moscow Region), Drakosha pineapple-scented kids’ shampoo and Lesnoy Balsam toothpaste/Fitovital TM (all produced by Yekaterinburg-based Concern Kalina), President whitening toothpaste (made in

'This year, the global liquidity crisis will keep affecting the banking community. Banks will focus on getting resources from both businesses and private individuals, as getting them on the international markets grew much more complicated. Therefore some increase in the interest rates might be expected,’ METCOMBANK’s Chairman Rustam Mamatov said to UrBC. 'At the same time, banks will grow stricter in terms of offering loans; the mortgage lending market will probably get rid of some minor players incapable of large-scale financing, while financial organizations without any resource

The analysts of the Delovoy Kvartal magazine’s Top Lists Book declared SKB-Bank Yekaterinburg’s Number One. Based on the results of Top List Book 2007/2008, SKB-Bank was awarded the banking market leader’s diploma, as it was Yekaterinburg’s most successful bank in terms of - volume of loans given to private individuals in the first half of 2007; - volume of loans given to legal entities in the first half of 2007; - volume of legal entities’ deposits; - the total number of subsidiaries and offices within Russia; - the total number of ATMs. The analysts report that, unlike the usual ratings

Central Bank of Russia reports volume of loans given by Universal Bank to sole traders for 91 to 180 days dropped by 100% (from 3 million RUR to zero) in January-February 2008.

According to the spokesperson for Ural Customs Administration, the customs officers of Yekaterinburg-based Koltsovo airport detected a passenger on a Yekaterinburg-Frankfurt flight who never declared ?8,550 of cash he had on him, which is a violation of the current legislation as well as much more than the official limit of 250,000 RUR one is allowed to transfer. The currency was confiscated, and the offender, who happens to be a Russian citizen, will now have to face a criminal suit. All in all, there have been three attempts to smuggle foreign currency across the state border in Koltsovo

The value of net assets of Energy – Mixed Investments (the unit investment trust) managed by Eurogreen Management Company Ltd. went down by 1.07% between February 27, 2008 and February 28, 2008. According to Eurogreen’s website, the company’s net assets decreased from 3,013,037.22 RUR on February 27, 2008 to 2,980,340.59 RUR on February 28, 2008.

Central Bank of Russia reports volume of loans given by Sverdlovsk Gubernskiy Bank to state-run for-profit organizations for 1 to 3 years went down by 14.24% (from 2.5 million RUR to 2.915 million RUR) in January-February 2008.

Sverdlovsk Region Court of Arbitration considered case А60-1107/08 (Koltsovo airport vs. Aviaprad) on March 3, 2008. The airport laid a claim against the carrier, demanding that Aviaprad pay them back 517 million RUR. The airport’s claim was fully sustained, so according to the court’s ruling, Aviaprad now must pay Koltsovo airport 517,879,895.1 RUR. 'All the papers related to the court’s decision will be ready in five days’ time, whereupon the deadline for paying back the debt will be determined for Aviaprad,’ the spokesperson for the court Yulia Kolyasnikova said to UrBC. All in all,

According to the National Managers’ League’s profitability ranking of unit investment trusts as of February 28, 2008, the share price of Ostankino-Rossiyskaya Svyaz (Bank of Moscow Management Company) has gone down by 22.85% since the beginning of the year.

Sverdlovsk Region Court of Arbitration considered case А60-1107/08 (Koltsovo airport vs. Aviaprad) on March 3, 2008. The airport laid a claim against the carrier, demanding that Aviaprad pay them back 517 million RUR. The airport’s claim was fully sustained, so according to the court’s ruling, Aviaprad now must pay Koltsovo airport 517,879,895.1 RUR. 'All the papers related to the court’s decision will be ready in five days’ time, whereupon the deadline for paying back the debt will be determined for Aviaprad,’ the spokesperson for the court Yulia Kolyasnikova said to UrBC. All in all,

The Ural Bank for Reconstruction and Development topped the cardholders’ rating coordinated by Creditcard.ru. Based on the results of an online survey, the bank was believed to be the most active organization on the bank card market last year and crowned the Top 20 Banks ranking that features both provincial and federal businesses. This ‘people’s rating’ is an independent assessment of banks given by their customers on a scale of zero to ten. The evaluation was converted in the so-called trust index the customers have for a particular bank card. As far as the latest rating was concerned, the

The share price of Energy - Mixed Investments (the unit investment trust) managed by Eurogreen Management Company Ltd. went down by .76% between February 26, 2008 and February 27, 2008. According to Eurogreen’s website, the company’s share price decreased from 1,039.22 RUR on February 26, 2008 to 1,031.36 RUR on February 27, 2008.

Central Bank of Russia’s General Division in Sverdlovsk Region registered the additional issue of Bank Severnaya Kazna’s 6,170,000 shares with face value of 10 RUR each. There is no fixed maturity date for the shares, and these are most likely to be acquired by East Capital Explorer Financial Institutions Fund AB.

Central Bank of Russia reports volume of loans given by Pervouralsk Joint Stock Commercial Bank to non-profit NGOs for 181 days to 1 year went down by 13.14% (from 213.644 million RUR to 185.579 million RUR) in January-February 2008.

Uraltransgaz, Gazprom’s daughter enterprise, is now to be known as Gazprom Transgaz Yekaterinburg. The business was renamed after the corresponding order regarding the need to preserve the unity of Gazprom’s brand and style among all of its Russian branches was made by Gazprom’s Chairman Alexei Miller. The new name is not going to result in any structural changes or personnel rotation, the spokesperson for the company said to UrBC.

According to the Expert-Ural magazine, Ural banks tended to give a lot more consumer loans last year compared with the previous one; besides, the banks’ assets and funds rose simultaneously by 36% on average. Sverdlovsk Region’s banks were reported to have the greatest volume of assets altogether among Ural Federal District’s banking communities. SKB-Bank was declared the fastest-growing business among the Urals’ Top 10 banks in 2007; the bank’s assets grew by 64% last year, which is twice as much as the average figures. In addition, SKB-Bank was Sverdlovsk Region’s largest bank in terms of