The Ural Bank for Reconstruction and Development came up with the preliminary data on the success of its latest offer: opening an account for the bank’s contractors free of charge. All in all, over 300 companies used their partners (the bank’s current customers)’ advice and opened a bank account in the Ural Bank for Reconstruction and Development in October 2008.

‘To make sure our customers have difficulty settling financial matters with their business partners who use some other banks, we give these partners an opportunity to set up an account with us for free. This means our customers can save time and money and experience a more pleasant way of making payments,’ says the bank’s executive Vasily Zaguta.

The number of companies who take up on the offer keeps growing every month. In October 2008, for instance, the number of legal entities and sole traders that opened an account with the Ural Bank for Reconstruction and Development rose by 30% compared to a year earlier.