Bank "Ring of the Urals": the history of the organization

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Commercial Bank Organization "The Ring of the Urals" was founded in 1989 and is one of the first in the country.Its license number to the right of activity consists of only two digits - 65, which is very much to be said for professionals in this field.Financial institutions with a two-digit number at the moment there are not more than twenty, and they are all very respected in the credit market.

Initially, the bank "Ring of the Urals" called quite differently: TOO "Cube-Bank."Today, the name is remembered almost all the financiers of the country, as it has not only become one of the first commercial credit organizations in the country, but quickly began to pose a threat to these public institutions.For the first 18 months of its activity, the bank showed a very rapid development, increasing its capital by more than 5 times.Over the years, he became a giant, standing on their feet so firmly that the international financial crisis could not only undermine their well-being, but also gave a strong impetus for further development.

development organization in the nineties

In 1998, the bank was reborn and accepted into its ranks many new participants.It was then that he changed his name to "The Ring of the Urals."The organization again made great strides in development: only in 1999 increased its revenues by several times.In addition, the change of some of the participants brought a fresh concept that began to develop the credit institution.The new composition of the owners of the bank is a powerful management team that has set its sights on the development of tools and expansion of the bank's customer base.

Most of the plans, set out the new leadership, though, and seemed far too ambitious for 1999, has now been implemented.It is through this bank "Ring of the Urals" is currently among the top five financial institutions in the region.Today, in its databases appear millions of customers, both depositors and borrowers.

how to improve the bank's services

Another turning point for the organization began in 2005.At this time, the bank "Ring of the Urals" started production and the introduction of its own lending and deposit cards.In addition, significantly improved deposit programs for private investors and services for legal entities.At the same financial institution has implemented its own banking system operating in automatic mode.It was then that she became a licensed member of various international payment systems such as Visa or MasterCard.

Despite the crisis of 2008-2009, which destroyed a huge number of financial institutions, the bank "Ring of the Urals", the credit which today is available to any resident of the region, confidently coped with the task of overcoming it.The work is not stopped for a minute.The Bank accepts deposits and issue loans in the normal mode, and all of its depositors do not lose a penny.Even in the most difficult moments for the entire Russian economy, he remained a kind of beacon, which gave human faith in the banking system finally extinguished.