Global Finance to qualify UkrSibbank as the best Ukrainian bank in the year 2007

According to New York, USA-based Global Finance magazine, which is a leading international financial edition, JSCIB “UkrSibbank” was nominated the best Ukrainian bank in the year 2007.

Editors of the magazine, assisted by the banking analysts and advisers, determined the best banks according to such criteria, as growth of assets, profitability, strategic partnership, customer service, competitive price policy and innovation products.

“Such a high valuation is an international recognition of the results of UkrSibbank’s intensive development and successful operation on Ukrainian market, and it also proves its reliability, competitive ability and a high quality of services provided”, ­– said Oleksandr Adarich, Chairman of the Board of JSCIB “UkrSibbank”.

The awards ceremony will take place on October 22, 2007 in Washington D.C. during the annual meeting of the IMF and the World Bank.

The audience of Global Finance amounts to 50 thousand subscribers and more than 250 thousand readers in 158 countries worldwide, among which there are some 8 thousand of major portfolio investors, which control more than 80% of all managed assets.

JSCIB «UkrSibbank» was registered on June 18, 1990. Bank has a full NBU license for banking operations ¹ 75 of December 24, 2001.

As of 01.02.2007: net assets – UAH 22.3 bln, capital – UAH 2.5 bln, loan and investment portfolio makes up UAH 19.5 bln, corporate customers’ funds – UAH 3.4 bln, individuals’ funds – UAH 3.5 bln.

Regional network currently amounts to 967 branches and outlets throughout Ukraine. 69 thousand of Ukraine’s businesses are customers of JSCIB «UkrSibbank», the amount of individuals’ accounts exceeds 2.5 mln.

About BNP Paribas

BNP Paribas (www.bnpparibas.com) is a European leader of banking and financial services market with significant and expanding presence in the USA and leading positions in Asia. The Group is one of the world’s major banking networks, which is operating in more than 85 countries. Headcount of BNP Paribas exceeds 140 000 persons, including some 110 000 employees throughout Europe. BNP Paribas is a leader in three key directions: corporate and investment banking, asset management and retail banking.

Press-centre:

Lilija Bevzjuk +38 (044) 537 49 18 bevzuik@ukrsibbank.com
Tatjana Shikerjavaja +38 (044) 201 22 71 T_Shikerjavaja@ukrsibbank.com
Victoria Pashevskaja +38 (044) 201 22 71 V_pashchevskaya@ukrsibbank.com