FINANCIAL AND BANKING SYSTEM
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In Udmurtia there are 23 independent commercial banks with 24 affiliates. Besides, 24 affiliates of commercial banks based in other republics and regions of Russia have been opened.
The largest banks are:
- Euro-Asian Bank of Economic Development: "Evrazia" (12 affiliates, foundation capital of 30 billion rubles), an agent bank of the Government of the Udmurtia Republic;
- Ural Trust Bank (foundation capital of 70 billion rubles), authorized by the Government of the Udmurt Republic to operate with securities and develop investment programs,
- Investment Landing Bank "ILB" (5 affiliates, foundation capital of 8 billion rubles).
- Udmurt Universal Commercial Bank - first bank of Udmurtia which introduced client services with your own plastic cards and "GOLD CROWN" cards
There are 30 insurance companies with 11 branch offices, including 7 medical insurance companies.
The largest ones are:
- Inter-bank Regional Insurance Company;
- Euro-Asian Insurance Company.
There are 30 investment institutions (investment companies, brokers, consultants), 3 investment funds, 1 exchange. The biggest is the Central Voucher Investment Fund with foundation capital of 11.5 billion rubles.
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Company MARK-ITT, 1994-96
Design: Communication Company MARK-ITT, 1994-96