“UkrSibbank” extends a maximum period of SME lending secured by real estate up to 20 years

“UkrSibbank” extended a maximum period of personal mortgage-backed loans for SME clients by 10 years up to 20 years, that allows lowering monthly compulsory payments.

“Personal mortgage-backed loans give the opportunity for SME clients to get financing up to 75% of the cost of collateral for the period of up to 20 years. As of today, our rates for this type of loans make up 14.5% in USD, 13.5% in EUR and 10.49% in CHF, emphasized Vladlen Dyedkov, Head of SME Department of JSCIB “UkrSibbank”. More than 20 thousand SME clients, that were rendered loans for the amount of around USD 1 bln., benefited from mortgage-backed loans; within the framework of this program some USD 380 mln. has been extended to 10 000 clients”.

“UkrSibbank” is an undoubted leader on the SME market. Month-by-month the Bank attracts 4 thousand clients - private entrepreneurs. “UkrSibbank” understands the peculiarities of entrepreneurship and seeks to offer the most beneficial and comfortable terms of partnership.

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 1 000 branches and outlets throughout Ukraine. 69 thousand of Ukraine’s businesses are customers of JSCIB «UkrSibbank», the amount of individuals’ accounts exceeds 3.4 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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