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02.03.2009 /Deposits UkrSibbank Introduces an Increasing Rate in UAH on "Active Money" Deposit

“UkrSibbank” introduced an increasing rate in UAH on “Active Money” deposit – the longer you don’t withdraw, the higher your interest rate is. In this way, the interest rate can grow by 7% p.a. for three months up to 22%

“Active money” deposit is a deposit on demand to allow free withdrawal from account and cash-in at any time without fees and decrease of interest rate. Moreover, if clients do not withdraw their money from a deposit account for 1, 2 or 3 months in a row, the Bank will encourage them with bonuses, i.e. increasing their interest rate by 3, 5, 7 percentage points respectively,” explained Sergiy Naumov, Chairman of the Management Board of JSCIB “UkrSibbank”.

Only 10 hryvnias, US dollars or euros will be enough to start accumulating “Active Money”.

Reference:

JSCIB “UkrSibbank” (www.ukrsibbank.com) was registered on June 18, 1990. The Bank has a full NBU license on banking No. 75 of December 24, 2001. As of 01.01.2009: net assets – UAH 55.6 bln, capital – UAH 6.8 bln, loan and investment portfolio makes up UAH 49.6 bln, corporate customers’ funds – UAH 8.9 bln, individuals’ funds – UAH 7.8 bln. Regional network currently amounts to more than 950 branches and outlets throughout Ukraine. 69 thousand of Ukraine’s businesses are customers of JSCIB “UkrSibbank”, the amount of individuals’ accounts exceeds 3.8 mln. In April 2006 it was closed a deal on BNP Paribas purchase of 51% of shares of JSCIB “UkrSibbank”.

BNP Paribas (www.bnpparibas.com) is a European leader in global banking and financial services and is one of the 6 strongest banks in the world according to Standard & Poor's. The group is present in 85 countries, with more than 171,000 employees, including 131,000 in Europe. The group holds key positions in three major segments: Corporate and Investment Banking, Asset Management & Services and Retail Banking. Present throughout Europe in all of its business lines, the bank's two domestic markets in retail banking are France and Italy. BNP Paribas also has a significant presence in the United States and strong positions in Asia and the emerging markets.

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


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