URSA Bank bonds can now be found at MICEX

Following the requirement that all issuers publish information vital to the company’s share price, URSA Bank reports that its bonds can now be found at MICEX stock exchange. 1,500,000 interest-bearing inconvertible bearer bonds (state serial number 40600323V as of December 22, 2006) have been allowed to participate in the bidding process without the listing procedures.

URSA Bank is the result of a recent merger of the Urals and Siberia’s largest banks (SibAcademBank and Uralvneshtorgbank). The new bank rates Russia’s fifth in terms of regional network development; it has over 260 offices in 110 Russian cities, covering 44% of the country’s territory.