28.02.2008 /Home mortgage
 “UkrSibbank” reinforces its 1st place on the mortgage lending market
According to the Ukrainian National Mortgage Association, share of JSCIB “UkrSibbank” as of the January 01, 2008 on the mortgage market made up 18.2%. Thus, the bank once again proved the leading position on the mortgage lending market with a significant breakaway as regards the figures of the competitive banks. “In 2007, individuals’ loan portfolio of “UkrSibbank” topped UAH 17.8 bln. Mortgage portfolio – UAH 10.2 bln. “UkrSibbank” maintains leadership by virtue of one of the best conditions: competitive rates and long-term financing – up to 30 years. Besides, the bank offers various programs: financing of the acquisition of the residential real estate at both primary and secondary markets, of the land plots, loans for construction purposes of the private housing, consumer loans secured by real estate, refinancing of the mortgage loans originated with another bank. The bank also takes extra care to make the loans highly available. Hence, special “Star Hour” program enables the borrowers to be provided with the grace period on the principal amount and interest under the mortgage loan two times for subsequent periods of 6 months during the entire loan term”, - said Ivan Istomin, Head of Individual Business Development Department of JSCIB “UkrSibbank”. Ukrainian mortgage market is one of the most rapidly evolving and promising: based on the figures of 2007, aggregate ratio of the market growth was equal to 110% and reached UAH 57.2 bln. Reference:
JSCIB “UkrSibbank” (www.ukrsibbank.com) was registered on June 18, 1990. The Bank has a complete NBU license on banking ¹ 75 of December 24, 2001. As of 01.02.2008: net assets – UAH 37.2bn, capital – UAH 40.9bn, loan and investment portfolio makes up UAH 32.8bn, corporate customers’ funds – UAH 4.4bn, individuals’ funds – UAH 6.5bn. 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 main 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
Anna Glinko +38 (044) 201 22 71 Anna.Glinko@ukrsibbank.com
Tatyana Shykeryavaya +38 (044) 201 22 71 t_shikerjavaja@ukrsibbank.com
Victoriya Pashchevskaya +38 (044) 201 22 71 v_pashchevskaya@ukrsibbank.com
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