18.05.2009 /Credit cards
UkrSibbank Signs Network Participation Agreement with Euronet Worldwide, Inc.
UkrSibbank announced today the signature of a network participation agreement with Euronet Worldwide, Inc. ("Euronet" or the “Company”) (NASDAQ: EEFT) UkrSibbank’s cardholders are now able to withdraw cash from Euronet’s Shared ATM Network of over 50 ATMs without incurring any additional fees. “We run one of the largest ATM networks in the country comprised of over 1,500 ATMs. If we count our partner banks’ ATMs, our clients have access to more than 3,600 ATMs throughout Ukraine. Thanks to Euronet, our clients now have access without extra charge to more than 50 ÀÒÌs in very convenient places. UkrSibbank, the whole BNP Paribas group, as well as Euronet, are dedicated to providing our clients with efficient ATM services in order to reach the highest satisfaction of customer needs”, said Francois Benaroya, Board Member of UkrSibbank. UkrSibbank continuously strives to provide additional value for customers, specifically by increasing the size of its ATM network in prime locations. Cooperation with Euronet will achieve this goal by allowing UkrSibbank customer to withdraw cash in new and easily accessible locations. Euronet ATMs are present in the major Ukrainian cities, predominantly in high traffic locations such as large department stores and shopping centers. All Euronet ATMs feature unified and visible Euronet branding to enable clients of the participating banks to clearly identify and use the terminals. “We are honored to begin our cooperation with UkrSibbank, one of the largest banks in the Ukraine, and proud to add a BNP Group Bank to our portfolio of multinational clients” said Roger Heinz, Senior Vice President and Managing Director for Euronet’s EFT Europe Segment. “Euronet continues to develop its strong regional footprint by providing high quality services to local, regional and multinational banks. The agreement with UkrSibbank, one of the top-tier banks in the Ukraine, clearly demonstrates Euronet’s commitment to this high potential market.” About JSCIB “UkrSibbank” (www.ukrsibbank.com) It was registered on June 18, 1990. The Bank has a full NBU license on banking ¹ 75 of December 24, 2001. As of 01.03.2009: net assets – UAH 53.2 bln, capital – UAH 6.5 bln, loan and investment portfolio makes up UAH 47.2 bln, corporate customers’ funds – UAH 7.9 bln, individuals’ funds – UAH 7.2 bln. Regional network currently amounts to more than 930 branches and outlets throughout Ukraine. In April 2006 it was closed a deal on BNP Paribas purchase of 51% of shares of JSCIB “UkrSibbank”. 69 thousand Ukraine’s businesses are customers of JSCIB “UkrSibbank, the amount of individuals’ accounts exceeds 3.8mln. About BNP Paribas (www.bnpparibas.com) BNP Paribas is a European leader of international banking and financial market and one of the six more reliable banks in the world according to the Standard & Poor’s Rating Agency. The Group is operating in more than 85 countries, and its headcount exceeds 173 000 employees, including 132 700 of them working in Europe. The Group holds top positions in three key directions: corporate and investment banking, asset management and retail banking. The Group is represented in Europe in all key business streamlines in Europe, major internal markets for retail banking services are Italy and France. BNP Paribas occupies leading positions in the USA as well as in Asia and emerging markets. About Euronet Worldwide, Inc. (www.euronetworldwide.com) Euronet Worldwide is an industry leader in processing secure electronic financial transactions. The Company offers payment and transaction processing solutions to financial institutions, mobile operators and retailers which include comprehensive ATM, POS and card outsourcing services; card issuing and merchant acquiring services; software solutions; consumer money transfer and bill payment services; and electronic distribution for prepaid mobile airtime and other prepaid products. Euronet operates and processes transactions from 42 countries. Euronet’s global payment network is extensive — including 9,205 ATMs, approximately 56,000 EFT POS terminals and a growing portfolio of outsourced debit and credit card services which are under management in 24 countries; card software solutions; a prepaid processing network of approximately 421,000 point-of-sale terminals across approximately 227,000 retailer locations in 20 countries; and a consumer-to-consumer money transfer network of approximately 77,100 locations serving more than 100 countries. With corporate headquarters in Leawood, Kansas, USA, and 35 worldwide offices, Euronet serves clients in approximately 140 countries. Press Service of JSCIB “UkrSibbank”: Lesya Dubovaya +38 (044) 201 22 71 L_dubovaya@ukrsibbank.com Tatyana Shikerjavaja +38 (044) 201 22 71 t_shikerjavaja@ukrsibbank.com Anna Glinko +38 (044) 201 22 71 Anna.Glinko@ukrsibbank.com Victoria Pashchevskaya +38 (044) 201 22 71 v_pashchevskaya@ukrsibbank.com Euronet Ukraine Egor Musatov +38 (044) 495 7707 emusatov@euronetworldwide.com
For comments, please contact the Press office of JSCIB «UkrSibbank» Tel. (044) 201-22-71 or by e-mail: T_Shikerjavaja@ukrsibbank.com Telephone of inquiry office: 8-800-5005-800
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