URSA Bank’s subsidiary in Ufa became one of the winners in the state tender where banks competed for the right to deposit the available funds of some state unitary enterprises. The banks were selected by the Finance Ministry of the Republic of Bashkortostan among the organizations that managed to place their applications on December 3-17, 2008, the bank’s press officer reports.

‘This is the second time the subsidiary has won this contest. Establishing good partnerships with the state-run enterprises is one of the bank’s top priorities that helps us build up on the liabilities base as well as attract more deposit resources and improve our status – that of a dependable bank,’ says URSA Bank’s Ufa subsidiary’s Deputy Director Azamat Asadullin.