According to the Central Bank of Russia, volume of loans given by Tymenenergobank to sole traders for over 3 years went down by 92.1% (from 1.9 million RUR to 150,000 RUR) in January-March 2008.

Even though the euro is quantitatively behind the dollar, it makes up for this through quality, as could be inferred from the foreign currency supply and demand analysis available via the Bank of Russia’s website. In January and February 2008, the better part of foreign currency transactions Russian citizens performed in banks and currency exchange points involved the U.S. dollar, with dollar sales going up in February 2008. In fact, Russian citizens now do tend to sell their dollars rather than to buy any, even through the difference in the number of selling and purchasing transactions is by

The Ural Bank for Reconstruction and Development keeps implementing its strategy of making financial services available within a stone’s throw of any customer through expanding its subsidiary network and has recently set up a third office in Nizhniy Tagil. The new outlet, dubbed Demidovskiy, is now awaiting the city dwellers right downtown, in a two-storey building at 22a Mira St. with light-saturated spacious rooms fitted with all the modern equipment, communication facilities, fire alarm, and security system. The opening ceremony was attended by the city council representatives, members of

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-March 2008.

According to the Central Bank of Russia, volume of loans given by Bank Uralfinance to sole traders for 181 days to 1 year went down by 37.29% (from 6.269 million RUR to 3.931 million RUR) in January-March 2008.

Ural Airlines launched a new offer on April 21, 2008: the company’s customers can now fly to Saint Petersburg and have a hotel booking at the same time. This saves you a bit of money, since the package covers a flight from Yekaterinburg to Saint Petersburg and back and a one- to three-day stay at a single or double room at Azimuth hotel (breakfast included). Even though the company might offer the customers another hotel, this will be the same class one and the customers will be informed within at least twenty-four hours of the flight. The package is available at any of Ural Airlines’ booking

The Ural branch of ROSNO, the insurance company, held a conference on voluntary health insurance for large and medium-scale businesses; this was part of the All-Russian project on Personnel’s Health. The conference was attended by top executives, CFOs, and HR managers of forty-two enterprises and organizations located in Yekaterinburg and Sverdlovsk Region. They had a chance to discuss the peculiarities of health insurance market and get exhaustive information on the advantages of voluntary health insurance within companies with ROSNO employees. In addition, reports were made by the city

Central Bank of Russia reports volume of loans given by Perviy Respublikanskiy Bank to private individuals for 91 to 180 days went down by 53.27% (from 214,000 RUR to 100,000 RUR) in January-March 2008.

Ural Turbine Plant’s stockholders decided to make some new appointments to boost the enterprise’s further development; for one, Evgeniy Kislitsin was appointed the plant’s acting General Director, succeeding Vladimir Ermolaev. ‘At the moment, the plant needs to effectively implement the adopted development strategy, introduce new technologies, deal with the new market segments, and entice the new types of consumers to work with. We do need a real breakthrough in all these fields, and this is the challenge the new management team is to meet,’ says Ural Turbine Plant’s Chairperson Ekaterina

Governor of Sverdlovsk Region Eduard Rossel chaired a meeting devoted to the efficiency of the cooperation agreement the region’s government signed with Russian Railways Public Company on December 20, 2008. The meeting was attended by President of Russian Railways Public Company Vladimir Yakunin. The Governor spoke on the problems the railway needed to solve. The volume of engineering work had to go up 40% in 2008 and 319 kilometers of railways had to be repaired. This means the capacity would inevitably go down in some places, and carriages would take longer to turn around. Eduard Rossel

Sverdlovsk Region’s division of Federal Antimonopoly Service filed a complaint against Sverdlovsk Gubernskiy Bank, claiming the latter has violated the current federal legislation on advertising, the spokesperson for the Service reports. According to the spokesperson, the ad related to the bank’s automobile and truck loans allegedly violates Articles 28 (part 3) and 5 (part 7) of the federal bill.

SKB-Bank’s top executives met some Microsoft representatives at the bank’s Yekaterinburg-based headquarters on April 22, 2008. The software giant’s delegation was headed by Microsoft International Vice President for Eastern and Central Europe Vahe Torossian and the Vice President’s Assistant Aurelie Ferre. In the course of the meeting, SKB-Bank’s Chairman Mikhail Khodorovskiy spoke on the company’s strategic development plans, while Microsoft executives presented their vision of IT future improvements and considered implementing a number of joint projects and launching some innovational hi

Central Bank of Russia reports volume of loans given by Uralprivatbank to sole traders for 1 to 3 years went down by 11.25% (from 78.215 million RUR to 69.416 million RUR) in January-March 2008.

Ural Treasures Bank won two awards at a quality festival dedicated to banks’ lending practices and savings offers for private individuals. The event was coordinated by Quality Guarantee and Yekaterinburg Consumer Rights Committee, with some ten local banks competing in five different categories, namely: -the best consumer loan offer; -the best mortgage offer; -the best short-term savings offer; -the best medium-term savings offer; -the best long-term savings offer. Ural Treasures Bank presented three of its programs (Express Cash via Card, its mortgage lending scheme, and Vertical Success

‘The reasons for recent changes in the shares Uralfinprombank’s stockholders have in the bank’s authorized capital may vary. On the one hand, the bank proprietor might have decided to take a part of the money out of business to employ it elsewhere. On the other hand, this shuffling may have to do with some earlier agreements with the bank’s top executives: they might, for example, have a buying option and be thus encouraged to promote the business further,’ analyst of Finam Investment Bank Vladimir Sergievskiy said to UrBC. Anatoliy Pavlov decreased his share in Uralfinprombank’s authorized

The balance sheet total of Sberbank’s Ural branch rose by 47 billion RUR, or 14%, in the first quarter of 2008. The volume of the bank’s net assets has increased by 10% since the beginning of the year and reached 309 billion RUR on April 1, 2008. In addition, the bank’s net assets came to 2.5 billion RUR in January-March 2008, which is 1.7 times better than a year earlier. Sberbank’s Ural branch was able to improve on the lending and investment-collecting volumes as well. The bank’s loan portfolio, for instance, reached 275.8 billion RUR on April 1, 2008, loans to individuals went up by 7.2%

‘The official reason for Uralsevergas to apply for a loan with the Bank of Moscow was the need to build up on the company’s working assets,’ says the spokesperson for Uralsevergas (ITERA O& G Company’s daughter enterprise) Oleg Vlasov. The Bank of Moscow agreed to lend the company 400 million RUR for a term of eighteen months, the bank’s press officer reports. ‘Given the debts Uralsevergas failed to collect from Sverdlovsk Region’s consumers, the sum will probably be used to pay ITERA for the natural gas supplied. We need the loan to be able to get gas in the quantities we need and to get

The recent unlawful strike at Severouralsk bauxite mine (aka SUBR) is over now and all of the enterprise’s five mines are operating as usual, UC RUSAL’s press officer said to UrBC. ‘After we negotiated on meeting the terms of the Collective agreement and looked into ways of rising the pay through more effective management and enhanced labor productivity, all our employees resumed working,’ the company representative said. ‘Some parties and organizations’ strike-related proclamations are only a publicity stunt that has nothing to do with SUBR whatsoever,’ UC RUSAL reported.

According to the Central Bank of Russia, volume of loans given by UralTransBank to state-run for-profit organizations for 181 days to 1 year went down by 76.13% (from 1.466 million RUR to 350,000 RUR) in January-March 2008.

Central Bank of Russia reports volume of loans given by SberInvestBank to nongovernmental financial institutions for 1 to 3 years went down by 21.44% (from 20.8 million RUR to 15.775 million RUR) in January-March 2008.