The Ural Bank for Reconstruction and Development’s annual general meeting held on June 27, 2007 resulted in approval of the annual accounting report for 2006. The bank managed to prove once again that it has remained the Urals’ No.1 on the financial market. The bank’s balance sheet total rose by 1.7 times and reached 33.2 billion RUR in 2006, its loan portfolio increased by 1.4 times, amounting to 15.9 billion RUR. The balance of accounts and balance on deposits grew by 1.9 times and came to 8 billion RUR. The volume of natural persons’ deposits rose by 1.5 times last year, amounting to over 12.8 billion RUR. The Ural Bank for Reconstruction and Development’s capital reached more than 2.4 billion RUR on January 1, 2007, its profit rose to 425.5 million RUR, the bank’s press officer reports.

‘Our strategy is targeted at doing even better than now and strengthening our position of the most powerful player on the Ural retail banking services market. We aim to do this through coming up with new custom-made business solutions for our clients and improving on the quality of our service. This is expected to significantly enhance the efficiency of our business and offer our customers better opportunities for reaching prosperity,’ the press officer says.