6 Apr 2012 14:34

UBRD ups assets 11% in Q1

YEKATERINBURG. April 6 (Interfax) - Ural Bank for Reconstruction and Development (UBRD, Yekaterinburg) boosted its assets 11% in the first quarter of 2012 to 121.6 billion rubles, the bank said in a press release.

Assets stood at 109.53 billion rubles at the end of 2011.

The release says assets climbed largely due to 11.3 billion ruble expansion of the portfolio of bonds, held to redemption.

The bank was Russia's 44th largest by assets, according to the Interfax-100 ranking at the end of 2011.