OREANDA-NEWS. October 12, 2010. The Bank now has a convenience branch open for business in downtown Ulan-Ude, the capital of the Buryat Republic, reported the press-centre of Uniastrum.    

Uniastrum Bank’s regional network currently numbers over 200 branches throughout 48 regions nationwide. The new office is located in the very heart of the Buryat capital, at 16-a, Sukhe-Batora Str., Ulan-Ude.

The Ulan-Ude convenience office offers a full range of banking serves for retail and corporate customers alike, including, among others, cash management services, foreign currency exchange, issuance and administration of bank cards, including corporate and payroll cards, deposit services, lending to households and businesses, promissory note operations, money transfers via the Unistream network, acquiring, and international settlements.

Geographically, the Republic of Buryatia is favorably sited, crossed with federal highways and railroad mainlines such as the Trans-Siberian Railway and the Baikal Amur Railroad, which link western and eastern Russia. The Buryat economy is developing fast, with conspicuous growth in the number of small and midsized enterprises, accompanied by an uptrend in household earnings, fueling the need for banking services.

“Thanks to its high-quality services and it wide product range, Uniastrum Bank can look forward to securing a solid position on the Buryat banking market,” notes Evgeny Tutkevich, Chairman of Uniastrum’s Management Board. “Bigger, better banking facilities will greatly bolster the region’s core economic sectors.”