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EMEA Finance, financial magazine of Europe, Middle East and Africa, awarded UkrSibbank the “Ukraine’s Best Foreign Bank”.

“High rating by the prestigious magazine EMEA Finance is an international recognition of strong development and performance of UkrSibbank in the time of uncertainty and volatility. In this way, the experts proved to the reliability, competitiveness and high quality of the Bank’s products,” stated Sergiy Naumov, acting Chairman of the Management Board of UkrSibbank.

It’s worth mentioning that UkrSibbank was awarded by EMEA Finance for the first time. In 2007 and 2008 UkrSibbank was rated the “Ukraine’s Best Bank” by Global Finance, Euromoney and The Banker, and awarded as the “Bank of the Year 2008” in the contest by MasterCard.

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.