Volume of private individuals’ deposits in UralFinPromBank valid for 91 to 180 days goes down 8.24% in January 2008

Koltso Urala Commercial Bank’s Retail Department’s analysts report private individuals have been opening more deposits since the summer started, so the bank’s private individuals’ deposits volume is increasing by at least 15 million RUR daily these days. Remarkably, the growth figures only reached 1 to 2 million RUR as recently as January. The bank’s Retail Director Denis Belogurov says the deposit volume growth has been witnessed by the entire banking system. Various banks’ representatives explain that people no longer need a special reason for opening a bank deposit; they normally go on

Central Bank of Russia reports volume of private individuals’ deposits and other investments in UralFinPromBank valid for 91 to 180 days went down by 37.92% (from 61.116 million RUR to 37.939 million RUR) in January-August 2008.

Uralfinprombank admitted that the bank had introduced some limits on cashing their customers’ deposits in before the end of the deposit period. In order for the customer to cancel their deposit agreement and get the money back, they have to have some very grave reasons for doing so. In the meantime, imposing any limitations on cashing one’s deposit before the end of the deposit period is actually illegal and is a violation of the country’s Civil Code which states customers must be able to get their money back within one day of the application. ‘Nevertheless, the hype generated among

Central Bank of Russia reports volume of private individuals’ deposits and other investments in VUZ Bank valid for 91 to 180 days went down by 25.05% (from 139.374 million RUR to 104.457 million RUR) in January-June 2008.

Central Bank of Russia reports volume of private individuals’ deposits in Ural Innovational Commercial Bank valid for 91 to 180 days went down by 23.18% (from 112.466 million RUR to 86.396 million RUR) in January-July 2008.