Issue information:

• Issuer, issue number: URSA Bank, 10
• Type of bond: Domestic bonds
• Auction type:coupon
• Issue status:expected
• Offering:public
• Par, currency of issue:RUR, 1000
• Amount:5 000 000 000
• Registration date:Apr 24 2008
• State registration number:41000323Â
• Start of placement: 2008
• Issue price:100
• Coupon:In Russian Only
• Coupon frequency:2 time(s) per year
• Settlement date: 2008
• Maturity date: 2013
• Early redemption terms:In Russian Only
• Trading floor, listing category: MICEX
• Guarantors: 
• Additional information:In Russian Only
• Investment banks:

Borrower:

• Issuer: URSA Bank
• Full issuer name: URSA Bank (previously Commercial Bank Sibakadembank)
• Country:Russia
• Web site:http://www.ursabank.ru/
•Other issues of the issuer:  URSA Bank, 8 - Domestic bonds
 URSA Bank, 9 - Domestic bonds
 URSA Bank, 7 - Domestic bonds
 URSA Bank, 5 - Domestic bonds
 URSA Bank, 3 - Domestic bonds
All issues of the issuer
• Issuer profile:Sibakadembank was renamed URSA Bank in December of 2006 due to the merger of Sibakadembank and Uralvneshtorgbank.

OAO URSA Bank is the largest Russian regional bank with foreign ownership ...
• Industry:Banks and financial institutions
Issuer ratings: » rating history

Moody's Ba3/Positive Int. Scale (foreign curr) 12/04/2008
Fitch Ratings B+/Positive Int. Scale (foreign curr.) 12/03/2008
National Rating Agency A+ National scale (Russia)
Rus-Rating BB+/Stable National scale (Russia) 04/23/2007

Complete profile

Financial accounting:

Quarterly FFMS Reports:

20081 Q.2 Q.3 Q.4 Q.
20071 Q.2 Q.3 Q.4 Q.
20061 Q.2 Q.3 Q.4 Q.
20051 Q.2 Q.3 Q.4 Q.

COMMENTS:

27.09.07 ING Wholesale Banking Russia:
CIS Fixed Income Daily
- Fitch raised outlook on URSA Bank to “Positive”
EURO|BONDS|MM|CURR
12.03.07 ING Wholesale Banking Russia:
• Demand for rouble funds puts pressure on the market
• URSA Bank releases 2006 results
• President Putin clarifies primary fiscal targets and budgetary policy for 2008-10
EURO|BONDS
01.02.07 ING Wholesale Banking Russia:
• Liquidity expected to bloom
• More debt from URSA Bank
• Russia’s GDP growth accelerated from 6.4% in 2005 to 6.7% in 2006; we are optimistic about results for 2007-08
EURO|BONDS
13.10.06  FK URALSIB: Uralsib Fixed Income Weekly:
- Sibacadem-5
- United Europe
BONDS
26.05.06 Gazprombank: Eglish version of our credit&pricing research Sibacadembank BONDS