UkrSibbank Private Banking strikes a balance of 4-months performance in 2008

Following the results for 4 months in 2008, the growth of funds raised from UkrSibbank Private Banking clients amounted to 15% with a year-to-date 5% increase of share of investments in securities. Moreover, as shown by the results of the 1 quarter 2008 the total assets portfolio of Private Banking clients topped over 30% of all assets of individuals of the Bank.

“As of today, UkrSibbank - Private Banking is a second-to-none private bank in Ukraine, which offers the services of a private banker, ready available 24/7 handling any issues of clients’ financial wealth“, said Oleksiy Aleksandrov, Assistant Chairman of the Management Board, Head of Private Banking Department, JSCIB “UkrSibbank”.

Furthermore, UkrSibbank Private Banking clients are offered to benefit from the diversified strategies of investment in various securities funds, including conservative funds and up to aggressive ones. Currently, UkrSibbank Private Banking’s range comprises 5 securities funds, such as “Stable Income 2”, “Strategic Investments”, “Index”, “Real Estate Fund”, “Dynamic Income”.

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 01.05.2008: net assets – UAH 40.1 bln., capital – UAH 4.7 bln., loan and investment portfolio makes up UAH 35.2 bln., corporate customers’ funds – UAH 5.4 bln., individuals’ funds – UAH 7.4 bln. Regional network currently amounts to more than 1 000 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, BNP Paribas purchased 51% of shares in 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