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07.04.2009 /Technology UkrSibbank Offers Clients Loan Transfer Unique Service

Especially for UkrSibbank’s borrowers who carry higher obligations on loans repayment we are glad to offer Loan Transfer service, when every interested party can purchase a collateral from the borrower and re-documenting an acting loan for himself. Thus, it’s possible to transfer the debt to the third party and decline obligations to the bank.

This service is convenient both for a borrower and a buyer. The borrower won’t pay his loan any more and spoil his loans history. The buyer will be able to take a loan for long-expected apartment or car from our borrower on profitable conditions.

“Unfortunately, no one can guard against economic changes. Thus, some borrowers can hardly pay off their loans currently. UkrSibbank offers such clients various restructuring options including the option of re-documenting a loan in the name of a person interested in purchasing a pledged car or real estate. This will help borrowers both repay their loans and save positive credit history,” noticed Sergiy Naumov, acting Chairman of the Management Board of JSCIB “UkrSibbank”.

To know details of this program you need to address to the branch where the loan was originated.

For more information on the service, please call at 8 800 5005 800.

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. 69 thousand of Ukraine’s businesses are customers of JSCIB UkrSibbank, the amount of individuals’ accounts exceeds 3.8 mln. In April 2006 BNP Paribas took a 51% participation in the capital 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


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