The Ural Bank of Reconstruction and Development (UBRD) has recently been ranked No. 22 among Russia’s most attractive investment banks.
The National Banking Journal (NBJ) and Eastland Capital said their researchers ranked the banks according to investment attractiveness.
The goal was to conduct objective research to provide the general public with the names of the safest and most profitable banks for prospective investors.
The nominated banks were required to meet certain qualifications pertaining to each bank’s income, capital, assets and liabilities. The researchers also took into account the bank’s legal and organizational forms, the state’s share in the bank’s share capital and the status of the credit and financial organizations.
The researchers gathered information from the data of the Central Bank of the Russian Federation as well as corporate sites pertaining to credit and financial institutions.