Loan Portfolio of SME Has Topped $1.3 bln at “UkrSibbank”

In early 2007, loan portfolio of the SME Department of JSCIB “UkrSibbank” has topped $1.3 bln, thus having been increased in the year 2006 by $996 mln.

“Service of the SME segment is a priority for many Ukrainian banks especially for the largest ones. “UkrSibbank” is a leader in this segment, and it was the first in Ukraine to have positioned the SME Department as a separate Bank’s structure, - says Vladlen Dedkov, Head of the SME Department of JSCIB “UkrSibbank”. – Currently “UkrSibbank” makes each and every effort to offer the most attractive conditions and the new credit programs to the market”.

A variety of the Bank’s programs allows addressing any sphere of activity in the most flexible way. “UkrSibbank” is offering special conditions for such popular programs, as commercial mortgage, commercial cars loans, microloans, working assets financing and current activity financing.

"In the year 2007 “UkrSibbank” will concentrate on complex service of SME customers, - continues Vladlen Dedkov. – Today the factor of the bank’s technology is becoming crucial for many entrepreneurs as they select their financial partner, as many of the non-standard credit solutions are based on mutually beneficial compromises. The SME customers can benefit not only from pure financing, but also from purchasing the entire package of cash and settlement services”.

Reference:

JSCIB «UkrSibbank» was registered on June 18 1990. Bank has full NBU license for banking operations ¹ 75 of December, 24 2001.

As of 01.12.2006: net assets – UAH 21.1 bln, capital – UAH 2.5 bln, loan and investment portfolio makes up UAH 17.6 bln, corporate customers’ funds – UAH 3.7 bln, individuals’ funds – UAH 3.4 bln.

Regional network currently amounts to 967 branches and outlets throughout Ukraine. 65 thousand of Ukraine’s businesses are customers of JSCIB «UkrSibbank», the amount of individuals’ accounts exceeds 2.2 mln.

About BNP Paribas

BNP Paribas (www.bnpparibas.com) is a European leader of banking and financial services market with significant and expanding presence in the USA and leading positions in Asia. The Group is one of the world’s major banking networks, which is operating in more than 85 countries. Headcount of BNP Paribas exceeds 140 000 persons, including some 110 000 employees throughout Europe. BNP Paribas is a leader in three key directions: corporate and investment banking, asset management and retail banking.

Press-centre:

Lilija Bevzjuk +38 (044) 537 49 18 bevzuik@ukrsibbank.com
Tatjana Shikerjavaja +38 (044) 201 22 71 T_Shikerjavaja@ukrsibbank.com
Victoria Pashevskaja +38 (044) 201 22 71 V_pashchevskaya@ukrsibbank.com