“UkrSibbank” to offer investment finance for SME clients

“UkrSibbank” offers a unique product in the Ukrainian market - investment finance for small and medium-sized enterprises.

“UkrSibbank” keeps on demonstrating its innovative approach towards business. Today not only large corporate but also SME clients may enjoy long-term investment project financing without fees being charged for their consideration. “UkrSibbank’s” new offer is available in all regions of Ukraine, emphasized Vladlen Dyedkov, Head of SME Department of JSCIB “UkrSibbank”. I’m convinced that investment finance will be of high demand on the market and will head its way to success”.

Investment finance for SME clients is extended for the period of 10 years, minimum loan amount is USD 500 thou that makes up not more than 70% of the project’s amount. Rates: 20.9% in UAH, 14.5% in USD, 13.5% EUR and 9.99% in CHF.

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 01.05.2008: net assets – UAH 40.1 bln., capital – UAH 4.7 bln., loan and investment portfolio makes up UAH 35.2 bln., corporate customers’ funds – UAH 5.4 bln., individuals’ funds – UAH 7.4 bln. Regional network currently amounts to more than 1000 branches and outlets throughout Ukraine. 69 thousand of Ukraine’s businesses are customers of JSCIB “UkrSibbank”, the amount of individuals’ accounts exceeds 3.4 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 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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