Tuesday, January 16, 2018

UBRD among top 5 most profitable deposits

Officials at the Ural Bank of Reconstruction and Development (UBRD) recently reported that it has been ranked among the top five of the most profitable deposits in Russia.

The newspaper Vedomosti reported an analysis of the 30 largest banks according to their deposits. In March, analysts finished evaluating the terms and rates of deposits and ranked UBRD among the top five banks for profitable deposits.

The interest rate for UBRD deposits stands at 1.6 percent per year. The initial deposit in a UBRD bank account can be as low as $81, making UBRD one of the most affordable banks for people starting to save.

Experts also rated UBRD highly because the bank's accounts are easy to control. Customers can use the Internet or ATMs to open and replenish their accounts without visiting the bank's office.

Organizations in this Story

Ural Bank of Reconstruction and Development

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