UBRD gets on Top50 list

The Profile magazine carried a rating of the largest banks in terms of net asset volume. The Ural Bank for Reconstruction and Development was given the 46th position on the list: its assets amounted to 93.13bn RUR on November 1, 2011. Last year, the bank scored the 47th position in the rating.

As a matter of fact, the UBRD was also given good ratings among Russia’s most profitable banks at the end of November. According to RBC.Rating, the Ural Bank for Reconstruction and Development was the country’s 28th largest bank in terms of profit volume (this reached 1.8bn RUR on October 1, 2011, which was considerably better than what other Urals-based banks in the rating had made).

‘This stable improvement of the bank’s position in the rating shows that both our retail and business customer activities keep gathering pace,’ says the Ural Bank for Reconstruction & Development’s Assets & Liabilities Director Dmitri Zavyalov.

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