OREANDA-NEWS. December 10, 2007. According to the magazine “Kommersant Money”, URSA Bank ranked 5th by retail loan book among Russian banks in the third quarter of 2007. In October 2007, retail loans issued by the Bank amounted to RUR 58.9bn. A year ago Sibacadembank ranked 13th with RUR14.5bn in retail loans.

URSA Bank moved from the 23rd position by retail deposits (Sibacadembank) up to the 12th place.  As of September 30, 2007, retail deposits of the Bank amounted to RUR31.4bn compared to RUR14.8bn in September 2006.

Among the largest banks in Russia by the volume of issued loans URSA Bank moved form the 29th to the 16th place. The loan book of the Bank grew from RUR34.8bn  as at September 2006 to RUR119.4 bn as at September 30, 2007.