UkrSibbank’s SME loans total USD 1B

For the year to date JSCIB “UkrSibbank” has closed over 17 000 SME loan deals for the total amount of more than USD 1bln. The year-over-year total amount of loans made up over USD 800bln

“This significant accomplishment wouldn’t be possible without move-like-clock work, regular improvement of the lending terms, high quality of service and offering of relevant products and programs, emphasized Vladlen Dyedkov, Head of SME Department of JSCIB “UkrSibbank”. We actively collaborate with all the representatives of small and medium-sized enterprises, the number of which exceeds 200 000. Over 59 thousand our clients has already benefited from the credit products of the Bank”.

Currently “UkrSibbank” is an undoubted leader on the SME market. This year the Bank has launched the brand-new service for Ukrainian market - investment finance for SME-sector. Moreover, the Bank has started to finance SME clients under favorable conditions within the framework of the cooperation program with the European Bank for Reconstruction and Development (EBRD).

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 01.06.2007: net assets – UAH 39.8 bln., capital – UAH 4.6 bln., loan and investment portfolio makes up UAH 35.4 bln., corporate customers’ funds – UAH 4.6 bln., individuals’ funds – UAH 7.0 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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