The Ural Bank for Reconstruction and Development looked at the results of its activity in January-November 2007. Over these eleven months, the bank’s assets rose by 27% and reached 33,699,753,000 RUR. The volume of clients’ accounts increased by 31.9% and came to 27,618,408,000 RUR; this includes a 36.1% increase in the volume of natural persons’ deposits (these amounted to 19,269,971,000 RUR).

The bank’s experts believe this growth has been brought about by two factors: firstly, people are now less interested in making savings in foreign currencies due to the dollar’s plummeting exchange rate. Secondly, the bank’s range of deposit schemes is ever-improving, with some quite unique offers (like topping up your deposit account through an ATM).

The Ural Bank for Reconstruction and Development’s net profit reached 716.715 million RUR in January-November 2007, thus becoming Sverdlovsk and Chelyabinsk Regions’ No. 1 according to RBC’s Top 500 rating.

The bank’s loan portfolio rose by 1.5 times and came to 24,220,310,000 RUR on December 1, 2007. Its own capital went up by 33% and amounted to 3,212,625,000 RUR.