JSCIB “UkrSibbank” offers its SME clients favorable terms of financing within the framework of the cooperation program with the European Bank for Reconstruction and Development (EBRD).
“Financing under the EBRD project stands for: opportunity of loan arrangement under beneficial conditions, the European level of business running (issue of a special certificate), credit history of cooperation with the EBRD and many other advantages. Currently “UkrSibbank” renders loans for SME with maturity of up to 7 years and grace period of up to 1.5 years. Rates for this type of loans make up: 17.7% in UAH, 13% in USD, 12% in EUR and 8.49% in CHF. Interest rate under such loans is 1% less then that under a standard one. Maximum amount of loan is USD 3 bln. We finance up to 70% of the project value.Both acquired property and borrower-owned real estate can be offered as a security”, emphasized Vladlen Dyedkov, Head of SME Department of JSCIB “UkrSibbank”.
European Bank for Reconstruction and Development (EBRD) is an investment tool to back market economies and democracies in 27 countries from central Europe to central Asia. Founded in 1991, the EBRD is owned by 61 counties and two international institutions.
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 01.06.2007: net assets – UAH 39.8 bln., capital – UAH 4.6 bln., loan and investment portfolio makes up UAH 35.4 bln., corporate customers’ funds – UAH 4.6 bln., individuals’ funds – UAH 7.0 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 3.4 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 four 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 161 000 employees, including 125 000 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”:
Liliya Bevzyuk +38 (044) 537 49 18 bevzuik@ukrsibbank.com
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