URSA Bank is a top-15 bank by assets in Russia, and the country’s largest regional bank. It is headquartered in Novosibirsk. Since its foundation in 1990, URSA Bank has developed into a top national player through organic growth and acquisitions, building a strong reputation as a reliable partner and customer-friendly banking institution. The bank offers the full range of banking services to its corporate and retail clients, focusing on SMEs and consumer finance through its 250 branches in over 124 cities that span seven times zones. On December 3, 2008, URSA Bank and MDM Bank announced their intent to merge into a bank holding company, creating one of the leading private universal banks in Russia.