The Ural Bank for Reconstruction and Development was among the thirty-five Russian banks with the low credit risk ratings (







), Bankir.ru maintained after the agency’s analysts looked into these banks’ activity in September 2007.

There are only three other Sverdlovsk Region-based banks on the list. Bankir.ru’s experts report that the bank’s resource base is fairly diverse, the risk of a sudden outflow of funds that could hurt the company is very low, and there is virtually no bad debt in terms of attracted resources that the bank has to worry about. Then, the Ural Bank for Reconstruction and Development gets stable profits and is capable of meeting its liabilities in time and in full. It enjoys a nice business reputation and is quite transparent.

The bank is likely to develop in a stable way, the analysts say.

'These experts’ assessment of the bank’s activity strongly resembles the evaluation we received in international ratings worldwide, which means our bank has a clever risk-management policy and has adopted the right development strategy,’ the bank’s Strategic Development Director Andrei Emelyanov says. The Ural Bank for Reconstruction and Development has two long-term B ratings granted by Standard and Poor’s (S&P) and Moody’s Investors Service. The bank has only received both ratings this spring, and the Rating Outlook was described as Stable.