Micro loan portfolio of UkrSibbank tops $ 700mln
In September the portfolio of small and medium-sized enterprises under the Micro-crediting Program has reached the figure of USD 700mln with a year-to-date increase of $ 400 mln. Consequently, the growth rate made up 133%.
Micro-crediting is featured as a service of high-demand on the SME market, and Micro Loans with UkrSibbank constitute a high competitive market offer. The amount of potential loan is all according what financial capacities and objectives a client has.
“Micro Loan with UkrSibbank is a way of qualitative evaluation of possibility to finance entrepreneurs. Analyzing the core of the client’s business by the Bank allows to set attractive lending terms. At present our rates are from 11.2% in USD, 8.19% in CHF without any monthly fees. Furthermore, our terms and conditions bear a specific nature which comprises a quick decision-making, pint-size package of necessary documents and affordability so that as of today any entrepreneur with a half-year business-running experience may obtain a micro loan”, emphasized Vladlen Dyedkov, Head of SME Department, JSCIB “UkrSibbank”.
To apply for a loan a client can address any of 1000 branches of UkrSibbank.
Reference:
JSCIB «UkrSibbank»(www.ukrsibbank.com) was registered on June 18, 1990. The Bank has a full NBU license ¹ 75 dated December 24, 2001 on banking. As of 01.09.2007: net assets – UAH 30.9bn, capital – UAH 3.5bn, loan and investment portfolio makes up UAH 27bn, corporate clients’ funds – UAH 4.9bn, individuals’ funds – UAH 4.2bn. At present regional network amounts to 1000 branches and outlets nationwide. 69 thousand Ukraine’s businesses are customers of JSCIB “UkrSibbank”; number of individuals’ accounts exceeds 2.9mln. In April 2006 it was closed a deal on BNP Paribas purchase of 51% of shares in JSCIB “UkrSibbank”.
BNP Paribas ( www.bnpparibas.com) is a European leader on baking and financial market with significant and expanding presence in the USA and leading positions in Asia. The Group is one of the largest world’s banking networks, which is operating n more than 85 countries. Headcount of BNP Paribas exceeds 140 000 employees, including some 110 000 of them throughout Europe. BNP Paribas is a leader developing three key directions: corporate and investment banking, asset management and retail banking
Press-center of JSCIB «UkrSibbank»:
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
Yulia Kil’mukhametova +38 (044) 201 22 71 julia.kilmukhametova@ukrsibbank.com
