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03.06.2009 /Bank's Ratings Economichna Pravda Rates UkrSibbank Among Ukraine’s Top Stable Banks

UkrSibbank is named one of the most stable banks in Ukraine in the rating of 27 major Ukrainian banks by Economichna Pravda (“Economic Truth”) edition. The bank has got top ranking for image and management quality.

UkrSibbank once again confirmed the professionalism of its management, quality of business model and positive image, built up owing to strong shareholder support of BNP Paribas Group, which were several times highly appreciated by international experts. Rankings by analysts as financial market participants are considered the most reputable and fair. That’s why a rating can be a reference for potential clients and partner banks to the country’s finance sector status in general and UkrSibbank in particular, given the crisis context.

Financial analysts rated banks by quality of loan portfolio, loyalty of clients, bank’s image among customers and financial partners, competence of managers, capacity and intention of owners to bail the bank out and financial strength.

Reference:

JSCIB “UkrSibbank” (www.ukrsibbank.com) was registered on June 18, 1990. The Bank has a full NBU license on banking No. 75 of December 24, 2001. As of 01.04.2009: net assets – UAH 52.3 bln, capital – UAH 6.0 bln, loan and investment portfolio makes up UAH 45.5 bln, corporate customers’ funds – UAH 7.3 bln, individuals’ funds – UAH 7.0 bln. Regional network currently amounts to more than 930 branches and outlets throughout Ukraine. 51% of shares of JSCIB “UkrSibbank” are held by BNP Paribas.

BNP Paribas (www.bnpparibas.com) is a European leader in global banking and financial services and is one of the 6 strongest banks in the world according to Standard & Poor's. The group is present in 85 countries, with more than 173,000 employees, including 132,700 in Europe. The group holds key positions in three major segments: Corporate and Investment Banking, Asset Management & Services and Retail Banking. Present throughout Europe in all of its business lines, the bank's two domestic markets in retail banking are France and Italy. BNP Paribas also has a significant presence in the United States and strong positions in Asia and the emerging markets.

Economichna Pravda (http://www.epravda.com.ua), project of Ukrainska Pravda (“Ukrainian truth”), is a business and economic edition. The mission of the project is to promote transparency of power, free market principles in Ukraine and to minimize government interference. The objective of the project is to set up an Internet site as a mass medium and to conduct surveys in an effort to influence public opinion.

Press Service of JSCIB “UkrSibbank”:
Lesya Dubovaya +38 (044) 201 22 71 L_dubovaya@ukrsibbank.com
Tatyana Shikerjavaja +38 (044) 201 22 71 t_shikerjavaja@ukrsibbank.com
Anna Glinko +38 (044) 201 22 71 Anna.Glinko@ukrsibbank.com
Victoria Pashchevskaya +38 (044) 201 22 71 v_pashchevskaya@ukrsibbank.com


For comments, please contact the Press office of JSCIB «UkrSibbank» Tel. (044) 201-22-71 or by e-mail: T_Shikerjavaja@ukrsibbank.com Telephone of inquiry office: 8-800-5005-800

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