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Upon results of Awards for Excellence 2007 contest the world-known financial and analytical edition Euromoney (London) announced JSCIB «UkrSibbank» the Best Ukrainian Bank in 2007.

«Among major factors which enabled our bank to gain this high appreciation, the representatives of Euromoney magazine highlighted the dynamic development of UkrSibbank if compared with other top banks in Ukraine», - emphasized Oleksandr Adarich, Chairman of the Board of JSCIB «UkrSibbank».

While deciding on a winner banking analysts considered both quantitative and qualitative performance indices of the banks putting laser-like focus on retail and investment banking.

Upon Awards for Excellence 2007 by Euromoney magazine it is for the second time when UkrSibbank is announced the «Best Ukrainian Bank 2007»: in March, 2007 the Bank was so rated by Global Finance magazine (New York).

Euromoney magazine has been published since 1969. Its target audience covers bankers, financial analysts, institutional investors, state-based financial and banking authorities, etc.

Annually, for 15 years, Awards for Excellence by Euromoney magazine awards financial institutions in 110 countries worldwide in different nominations, including in the field of investment business, project finance, and asset management.

Reference:

JSC UkrSibbank (www.ukrsibbank.com) was registered on June 18, 1990. The Bank has a full NBU license on banking No. 75 of December 28, 2009. As of 01.01.2010: net assets – UAH 46,3 bln, capital – UAH 7,6 bln, loan and investment portfolio makes up UAH 38,0 bln, corporate customers’ funds – UAH 6,4 bln, individuals’ funds – UAH 9.8 bln. Regional network currently amounts to more than 750 branches and outlets throughout Ukraine. 81.42% of shares of JSC “UkrSibbank” are held by BNP Paribas. The Bank is audited by International Company LLC AF “PriceWaterhouseCoopers” (Audit) and audit firm LLC “Ukrainian Audit Service”. CJSC “AXA Ukraine” is the general insurance company of JSC “UkrSibbank”.

BNP Paribas (www.bnpparibas.com) is a European leader in global banking and financial services and one of the six strongest banks in the world according to Standard & Poor's. Present across Europe through all its business lines, the Group has four domestic retail banking markets in France, Italy, Belgium and Luxembourg. It has one of the largest international networks with operations in 83 countries and 202,300 employees, including 160,200 in Europe. BNP Paribas has key positions in its three core businesses: Retail banking, Corporate&Investment Banking, Investment Solutions.