OREANDA-NEWS. On July 12, 2007 URALSIB Bank announced that the London based the Banker magazine, which annually ranks world banks in terms of their tier 1 capital, has published its 2007 poll in its July issue, reported the press-centre of URALSIB Bank.

According to the magazine, this year BANK URALSIB jumped up 420 places to 324.  Again the Highest Movers listing is dominated by banks from emerging economies with Russia (nine banks) that moved up more than 100 places. Russian banks still dominate the listing of TOP 25 banks for Central and Eastern Europe (CEE) where URALSIB Bank is ranked sixth after Sberbank, VTB bank, Gazprombank, National Savings and Commercial Bank from Hungary and PKO Bank Polski.

The Banker magazine is the premiere global publication for both banks and corporate institutions and the journal of record for the international banking industry. The magazine is used as a resource by industry for vital information on all aspects of banking and the bank ratings by tier one capital are considered to be the definitive benchmarks. Its readers are primarily CEOs, chief financial officers, finance directors, treasurers, department heads at banks and major corporations who are involved in making top level decisions in the fields of corporate finance, correspondent banking, capital markets, derivatives and treasury. The magazine is distributed to over 24,000 readers throughout the world.