UBRD raises deposits rates

Once the summer is here, small and medium enterprise owners can enjoy the opportunity of managing their available cash more efficiently, as the Ural Bank for Reconstruction and Development raised all of its ruble deposit rates on June 8, 2011.

The increase amounted to 0.1% to 1% a year on top of the existing rates, depending on the deposit period, the amount of money deposited, and the deposit type.