The number of SME clients at "UkrSibbank" to top 179 000

As of January, 2008, the number of SME clients at “UkrSibbank” increased by over 53 000 entities and topped some 179 000. Thus, client base growth made up over 42% last year.

According to Vladlen Dedkov, Head of the SME Department of JSCIB “UkrSibbank”: “In 2007 “UkrSibbank” came up to the clients to offer them a number of brand-new services, such as "Active Money" deposits for entrepreneurs and legal entities, “Offset” – a deposit program, targeting private entrepreneurs, general contract, cash and settlement package of "Predprinimatelsky" ("For entrepreneurs"), also Client-Bank service underwent sustainable upgrade and the financing program of "Loans for equipment" was substantially fine-tuned. Besides, client allocation and segmentation are in place, which allowed to develop the new products with regard to demands of every segment. It must be remembered that growth of SME client base at “UkrSibbank” is far ahead overall growth of the number of legal entities nationwide”.

As of the end of 2007, private entrepreneurs dominated the SME structure of “UkrSibbank” (78.2%), while pure representatives of small to medium entrepreneurship indicated 3.3% and 18.5% correspondingly. SME clients make up 15% of the Bank’s gross client base.

Reference:

JSCIB “UkrSibbank» (www.ukrsibbank.com) was registered on June, 18 1990. The Bank has full NBU license for banking operations ¹ 75 of December, 24 2001. As of 01.01.2008: net assets – UAH 37.6 bln., capital – UAH 40.6 bln., loan and investment portfolio makes up UAH 32.9 bln., corporate customers’ funds – UAH 5.2 bln., individuals’ funds – UAH 6.3 bln. Currently the Bank’s retail network amounts to over 1000 retail outlets nationwide. 69 thousand of Ukraine’s businesses are customers of JSIB «UkrSibbank», the amount of individuals’ accounts exceeds 3.2 mln. In April 2006, it was closed a deal on BNP Paribas purchase of 51% of shares in JSCIB “UkrSibbank”.

BNP Paribas (www.bnpparibas.com) is a European leader on the global market of banking and financing services and is one of 4 major global banks, according to the international rating agency of Standard & Poor’s. The Group is represented in over 85 countries, the number of its employees tops 161 000 to include 125 000 people in Europe. The Group is a leader in three key segments: corporate and investment business, asset management and retail business. Featuring its full range of activities in Europe, France and Italy are the two internal retail business markets for the Group. BNP Paribas also shows profound performance in the USA, and it is strong enough in Asia and on the emerging markets.

Press-centre of JSCIB “UkrSibbank”:
Lilia Bevziuk +38 (044) 537 49 18 bevzuik@ukrsibbank.com
Tatyana Shykeryavaya +38 (044) 201 22 71 t_shikerjavaja@ukrsibbank.com
Victoria Paschevskaya +38 (044) 201 22 71 v_pashchevskaya@ukrsibbank.com

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