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18.07.2007 /Operations SME loan portfolio of UkrSibbank to top $B 1.7

Loan portfolio of small and medium-sized enterprises of JSCIB «UkrSibbank» has overshot USD 1.7bln, having increased by $MM 500 since the year-beginning.

Such a result was driven by prompt decision-making process, flexibility and searching for an optimum approach towards each borrower. SME advisors render assistance in solving all financial issues of the customers.

UkrSibbank is constantly developing its product offer. Apart from “traditional” loans, e.g. loans for purchasing real estate, cars, specialty equipment, micro-credits, overdrafts, etc., UkrSibbank offers a special loan execution system – General Loan Agreement.

«Lending within one General Agreement constitutes one of the recently-presented know-how of UkrSibbank. Having signed only one agreement, small and medium businesses may be rendered various loans during 11 years: working capital finance, equipment, car, real estate loans, etc. With this type of loan, amount, period, interest rate, as well as lending and repayment details are determined in supplementary agreements enabling to save the most precious thing for our customers – their time», - said Vladlen Dedkov, Head of SME Department of JSCIB «UkrSibbank».

As of today, the number of UkrSibbank’s borrowers amounts to 50 000. It is worth mentioning that the 50 000th SME borrower of UkrSibbank will be awarded with a prize. Therefore, being a Bank’s borrower is both suitable and profitable.

Reference:

JSCIB «UkrSibbank» was registered on June 18, 1990. The Bank has a full NBU license ¹ 75 dated December 24, 2001 on banking.

As rated by Global Finance – prominent international financial edition Global Finance, New York, USA. UkrSibbank is recognized the best bank in Ukraine

¹1 on mortgage lending market, as per evaluation of Ukrainian National Mortgage Association UkrSibbank has 18.8% of market share

¹1 on stock market of Ukraine, it is awarded as the best investment bank.

As of 01.06.2007: net assets – UAH 26.5bln, capital – UAH 3.1bln, loan and investment portfolio makes up UAH 23.4bln, corporate clients’ funds – UAH 3.9bln, individuals’ funds – UAH 3.6bln. At present regional network amounts to 1000 branches and outlets nationwide. 69 thousand Ukraine’s businesses are customers of JSCIB “UkrSibbank”; number of individuals’ accounts exceeds 2.8mln.

Information about BNP Paribas

BNP Paribas (www.bnpparibas.com) is a European leader on baking and financial market with significant and expanding presence in the USA and leading positions in Asia. The Group is one of the largest world’s banking networks, which is operating n more than 85 countries. Headcount of BNP Paribas exceeds 140 000 employees, including some 110 000 of them throughout Europe. BNP Paribas is a leader developing three key directions: corporate and investment banking, asset management and retail banking.

Press-center:
Lilija Bevzjuk +38 (044) 537 49 18 bevzuik@ukrsibbank.com
Tatjana Shikerjavaja +38 (044) 201 22 71 T_Shikerjavaja@ukrsibbank.com
Victoria Pashevskaja +38 (044) 201 22 71 V_pashchevskaya@ukrsibbank.com
Yulia Kil’mukhametova +38 (044) 201 22 71 julia.kilmukhametova@ukrsibbank.com


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