- Language: English
- Published: May 2013
Research Update: Ural Bank for Reconstruction and Development Mar 04
- Published: March 2004
- Standard & Poors
On March 4, 2004, Standard & Poor's Ratings Services assigned its 'CCC' long-term and 'C' short-term counterparty credit and certificate of deposit ratings to Russia-based Ural Bank for Reconstruction and Development (UBRD). The outlook is stable. The ratings on UBRD reflect the bank's high level of exposure to related parties, as well as its weak profitability and capitalization. These negative factors are offset by the bank's growth prospects in its home region and its stable management. With total assets of RUR6.8 billion ($222 million) and equity of RUR758 million ($25 million) at Sept. 30, 2003, UBRD is a small regional Russian bank located in the Sverdlovsk region (B/Positive/--) in the Ural Mountains. While the bank ranks among the five largest...
Companies mentioned in this report are: Ural Bank for Reconstruction and Development
Action: New Rating
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Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.
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Ural Bank for Reconstruction and Development
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