UkrSibbank Pays UAH 811 mln through Money Transfer Systems in 2008

“The slump didn’t affect the volumes and number of money transfers. People keep on supporting their relatives in Ukraine. Thus, the number of remittances paid in the 4Q increased by 8.5% comparing with the third one”, informed Sergiy Naumov, acting Chairman of the Management Board of UkrSibbank.

The positive dynamics of money transfers is also observed in 2009. The number of paid remittances made from abroad through Western Union, Contact and Unistream systems, as well as within the territory of Ukraine through UkrSibbank money transfer system “Za Mit” is increasing monthly by 23% on average.

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 01.03.2009: net assets – UAH 53.2 bln, capital – UAH 6.5 bln, loan and investment portfolio makes up UAH 47.2 bln, corporate customers’ funds – UAH 7.9 bln, individuals’ funds – UAH 7.2 bln. Regional network currently amounts to more than 930 branches and outlets throughout Ukraine. In April 2006 it was closed a deal on BNP Paribas purchase of 51% of shares of JSCIB “UkrSibbank”. 69 thousand Ukraine’s businesses are customers of JSCIB “UkrSibbank, the amount of individuals’ accounts exceeds 3.8mln. 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 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.

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

Latest News ORGRESBANK has summarized results of the first half year of 2009 B&N Bank has improved its loan book quality Regulation of the Russian Government dated June 23, 2009 ¹ 854-r Alfa-Bank 2008 Annual Report On Approving Ernst and Young Vneshaudit as Auditor of Vnesheconombank's Annual Financial Statements for 2009 B&N Bank has issued IFRS Consolidated Financial Statements for the year ended 31 December 2008 TransCreditBank Presents Its Financial Statements BNP Paribas Group: Results as at 31 March 2009 According to RAS profit of B&N Bank in 1Q2009 amounted to RUB 142 mln. TransCreditBank Group Produced its 2008 IFRS Accounts

VTB Bank announces its performance results For the last two years, outstanding loans increased more than 2.3 times to RUR 108 billion, customer deposits accounted for 230.8% to RUR 93 billion. And VTB Bank succeeded in achieving transaction growth ahead of the average market rates. [Read...]