The independent rating agency affirmed the Ural Bank for Reconstruction and Development’s Credit Rating at BB-, with Stable rating outlook, the bank’s press officer reports.

Rus-Rating’s comments make it clear that they see the business as a universal retail bank with good shares on the Urals’ private deposit and brokerage operations markets. The bank is also reported to develop dynamically its loan offers to private individuals and SMEs as well as to build up on the regional office network.