“UkrSibbank” will shortly increase authorized capital by UAH 930 mln

Recently general meeting of “UkrSibbank’s” shareholders took place in Kyiv. It has been resolved to increase the authorized capital of the Bank by UAH 930 mln. up to UAH 4 bln. 5 mln.

It has been planned to increase the authorized capital of “UkrSibbank” in April-May 2008.

Reference:

JSCIB “UkrSibbank” (www.ukrsibbank.com) was registered on June 18, 1990. The Bank has a full NBU license on banking ¹ 75 of December 24, 2001.

As of 01.02.2008: net assets – UAH 37.3 bln., capital – UAH 40.9 bln., loan and investment portfolio makes up UAH 32.8 bln., corporate customers’ funds – UAH 4.5 bln., individuals’ funds – UAH 6.6 bln.

Regional network currently amounts to more than 1 000 branches and outlets throughout Ukraine. 69 thousand of Ukraine’s businesses are customers of JSCIB «UkrSibbank», the amount of individuals’ accounts exceeds 3.3 mln. In April 2006, BNP Paribas purchased 51% of shares in JSCIB “UkrSibbank”.

BNP Paribas (www.bnpparibas.com) is a European leader of international banking and financial market and one of the four largest 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 161 000 employees, including 125 000 of them working in Europe. The Group holds top positions by developing key directions: corporate and investment banking, asset management and retail banking.

The Group is represented in Europe in all key business streamlines, and 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.

Press-center of JSCIB “UkrSibbank”:
Liliya Bevzyuk +38 (044) 537 49 18 bevzuik@ukrsibbank.com
Tetyana Shikeryava +38 (044) 201 22 71 t_shikerjavaja@ukrsibbank.com
Anna Glinko +38 (044) 201 22 71 Anna.Glinko@ukrsibbank.com
Victoriya Pashchevska +38 (044) 201 22 71 v_pashchevskaya@ukrsibbank.com

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