The Ural Bank of Reconstruction and Development (URBD) was recently ranked among the top 10 most popular banks in Yekaterinburg by BankInformServis.
When Russia’s banks increased their key rate regulator to include almost double the rates for deposits, Russian citizens hurriedly deposited their savings in January.
BankInformServis, a news agency, was curious about which banks would receive the most deposits. The agency conducted a rating survey to find out what factors most attracted Yekaterinburg residents to the banks they chose.
The news agency said there were three main reasons for UBRD’s success: yield, comfort and record. Other commonly mentioned reasons by URBD customers were profitabilty and ease..
UBRD was listed three times among the top 10 banks that Yekaterinburg residents chose.