01 апреля 200910:53
Bank Severnaya Kazna’s customers leave, Governor says
‘There is not a single bank in Sverdlovsk Region that has yet had to confiscate its borrowers’ property. However, banks do use their customers’ estate to back up their loans,’ Governor of Sverdlovsk Region Eduard Rossel announced in the course of a press conference in Yekaterinburg. For one, Ukraina Hotel next to Yekaterinburg-Koltsovo highway that is currently under construction has already been mortgaged to Sberbank of Russia, since Uralzarubezhservis (the builder) doesn’t have the necessary resources. ‘As for the banking sector on the whole, banks tend to merge and consolidate, while