The Ural Bank for Reconstruction and Development’s performance indicators improved considerably last year. For one, the bank’s own funds rose by 42% and came to 9.67bn RUR. Its assets increased by 36% and amounted to 100.72bn RUR. In fact, this increase in the bank’s efficiency in 2011 was in many respects more pronounced than in the Russian banking system on average, the UBRD President Anton Solovyev said at a press conference recently.

‘We improved the quality of services rendered to our customers. Our philosophy boils down to this: do not wait for the customers to come to you, come to your customers and offer your services where this suits them,’ he noted.