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UkrSibbank has Received Straight-Through Processing Excellence Award from Deutsche Bank for Impeccable Quality of Payments in Euro

07/06/2012

UkrSibbank has been named the winner of the Straight-Through Processing Excellence Award 2011 for the quality of our payments in euro. The award is granted every year by Deutsche Bank, an internationally recognized bank, to the correspondent bank that managed to demonstrate the highest rate of payments not requiring manual processing.

 

The high quality of making payments allows eliminating manual intervention in payments processing by correspondent banks at all stages through which the payment has to pass. This in turn makes it possible to improve the quality of services by reducing the time of payments processing and ensuring the correctness of their execution by correspondent banks.

 

"This award is the clearest evidence of UkrSibbank’s care for its clients. It is the result of our adherence to the best global practices and effective collaboration of the bank’s team in the centralization of international transaction processing. We will most certainly continue to improve our internal processes as we want to secure our leading position  in terms of quality of banking services, and we will do our best to provide consistently top-class servicing of our clients’ financial activities,” said Lionel Dumeaux, Deputy Chairman of the Management Board, Chief Operating Officer of UkrSibbank BNP Paribas Group.

 

UkrSibbank has an extensive network of correspondent accounts in all major currencies in the world's leading banks, which allows it to meet the needs of both companies and individuals in terms of international transactions.

 





 

 

Reference:

JSC “UkrSibbank” (www.ukrsibbank.com) was registered on June 18, 1990. Banking License no. 75 and General License for currency transactions no. 75 issued by the NBU on 5.10.2011. As of 1.05.2012 it had: net assets of UAH 29,32 bn., capital of UAH 1.23 bn., loan and investment portfolio of UAH 18.53 bn., corporate customers’ funds of UAH 9.99 bn., and individuals’ funds of UAH 11.23 bn. The regional network currently numbers 650 branches throughout Ukraine. The ATM network, which consists of over 1,700 units, is currently number 3 in the country. A total of 84.99% of the shares of JSC UkrSibbank are held by the BNP Paribas Group, and 15% of the shares are held by the EBRD. The Bank is audited by International Company LLC AF “PriceWaterhouseCoopers” (Audit) and audit firm LLC “Ukrainian Audit Service”.

BNP Paribas (www.bnpparibas.com) has a presence in 80 countries with nearly 200,000 employees, including more than 150,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy, and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across the Mediterranean basin countries, in Turkey, and Eastern Europe, and has a large network in the western United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas, and solid and fast-growing businesses in Asia.


UkrSibbank Press Service: +38 044 201 22 71
Vіktоrya Tоmin Viktorya.Tomin@ukrsibbank.com
Olga Buriak Olga.Buriak@ukrsibbank.com
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