International financial magazine “Euromoney” recognized “UkrSibbank” the best bank in the category “World’s leading Banks in Corporate Governance 2008”.
“The fact that “UkrSibbank” has been awarded the title “Ukrainian Leading Bank in Corporate Governance 2008” proves that we managed to gain the respect of other companies. We are glad that analysts of the prestigious international magazine highly assess continuous improvement of the Bank‘s governance systems complying with the best international practices,” stressed Oleksandr Adarich, Chairman of the Management Board JSCIB “UkrSibbank”.
The award of such kind is given to the companies that proved to be reliable market players. “UkrSibbank” keeps confirming its image of an open company with perfect management and a great number of successful and highly qualified specialists. This prestigious nomination is an undeniable indicator of the Bank’s stability.
This is already the third “Euromoney” award given to “UkrSibbank” in 2008. The Bank was also recognized the best in the “The Best Bank Awards 2008” and “Best Managed Banks in Central and Eastern Europe 2008” nominations.
“Euromoney” magazine has been published since 1969. Its readership comprises bankers, financial analysts, institutional investors, governmental financial and banking bodies, etc.
For 15 years “Euromoney” has been giving annual awards at “Awards for Excellence” competition to financial institutions based in 110 countries in different nominations, including investment banking, project financing, and asset management.
Reference:
JSCIB “UkrSibbank” (www.ukrsibbank.com) was registered on June 18, 1990. The Bank has a full NBU license on banking ¹ 75 of December 24, 2001. As of 01.09.2008: net assets – UAH 43.1 bln, capital – UAH 5.7 bln, loan and investment portfolio makes up UAH 38.5 bln, corporate customers’ funds – UAH 6.3 bln, individuals’ funds – UAH 7.3 bln. Regional network currently amounts to more than 1000 branches and outlets throughout Ukraine. 69 thousand of Ukraine’s businesses are customers of JSCIB “UkrSibbank”, the amount of individuals’ accounts exceeds 3.7 mln. 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 of international banking and financial market and one of the three largest banks in the world according to the Standard & Poor’s Rating Agency. The Group is operating in more than 85 countries, and its headcount exceeds 168 000 employees, including 129 500 of them working in Europe. The Group holds top positions by developing key directions: corporate and investment banking, asset management and retail banking. The Group is represented in Europe in all key business streamlines, and major internal markets for retail banking services are Italy and France. BNP Paribas occupies leading positions in the USA as well as in Asia and emerging markets.
Press-center of JSCIB “UkrSibbank”:
Tetyana Shikeryava +38 (044) 201 22 71 t_shikerjavaja@ukrsibbank.com
Anna Glinko +38 (044) 201 22 71 Anna.Glinko@ukrsibbank.com
Victoriya Pashchevska +38 (044) 201 22 71 v_pashchevskaya@ukrsibbank.com