As portal Banki.ru learned, South-Urals Social Development Bank Reserv (registration number 2364) has been renamed in Social Development Bank Reserv. Relevant amendments were already made to the CBR Book for State Registration of Lending Institutions.
The bank was already issued licenses to conduct operations with rubles and currencies, and also to attract private deposits.
According to the data from news agency Banki.ru and Interfax-CEA, as of July 1, 2009 net assets held by Social Development Bank Reserv were equal to Rub 804.59 mln (685th place in Russia). The lending institution is a member of the national deposit insurance system.