“UkrSibbank” is second-to-none at the mortgage finance in the 1Q of 2008.

According to the Ukrainian National Mortgage Association, as of the end of 1Q 2008 “UkrSibbank’s” market share increased by 0.4% and made up 18.6%.

“Ukrainian mortgage market is one of the most dynamic and perspective. During the 1Q the majority of loans rendered in the regions traditionally were accounted for in Kyiv and Kyiv region, closely followed by Dnipropetrovsk, emphasized Ivan Istomin, Head of Individual Business Development Department of JSCIB “UkrSibbank”. “UkrSibbank” retains leading positions due to the best terms: competitive rates and long-term financing – up to 30 years. Besides, the Bank offers a variety of lending programs: primary and secondary market mortgage, loan for private house construction, consumer finance secured by real estate, re-financing of mortgage loan extended by other bank”.

“UkrSibbank’s” portfolio of mortgage loans to individuals overtopped USD 1 bln.

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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