"URSA Bank" in I quarter has reduced the value of assets at 16.8% to 365.886 billion rubles

OJSC URSA Bank in January and March reduced the value of assets at 16.8% to 365.886 billion rubles. This was the message of the credit.

In the first quarter of 2009, the value of assets decreased to 73.680 billion rubles. On 1 January it stood at 439.566 billion rubles.

Recall that "URSA Bank" is included in the thirty largest banks in Russia. In 2008, the Bank has increased its net profit for the RAS to 9.7% to 2.966 billion rubles. 3 December has been officially announced their intention to merge "MDM-Bank" and "URSA Bank", which form the largest amount of capital to private lending institutions in Russia. The merger will be completed before the end of the year. A single bank will be the name of "MDM-Bank". Business address register bank selected Novosibirsk.