UkrSibbank Best Bank in Ukraine by Global Finance
02.04.2010 | Group
UkrSibbank BNP Paribas Group was named Ukraine's best bank 2010 according to Global Finance (New York) “Best Emerging Market Banks in Central and Eastern Europe” ranking.
Global Finance editors – with input from industry analysts and banking consultants – selected the best emerging market banks in 22 countries. Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.
“It is already the fourth year in a row when UkrSibbank is recognized as top performer by Global Finance. This testifies the bank's robustness and stability in the market as well as its shareholders' support,” commented Sergiy Naumov, the Chairman of the Management Board JSC UkrSibbank. “This award is especially important in the challenging environment when customers pay special attention to reputation and stability of their banking partners.”
JSC “UkrSibbank” (www.ukrsibbank.bnpparibas.ua) was registered on June 18, 1990. The Bank has a full NBU license on banking No. 75 of December 28, 2009. As of 01.02.2010: net assets – UAH 45.319 bln., capital – UAH 7.136 bln., loan and investment portfolio makes up UAH 37.247 bln., corporate customers' funds – UAH 6.887 bln., individuals' funds – UAH 9.838 bln. Regional network currently amounts to more than 750 branches and outlets throughout Ukraine. 81.42% of shares of JSC “UkrSibbank” are held by BNP Paribas Group. The Bank is audited by International Company LLC AF “PriceWaterhouseCoopers” (Audit) and audit firm LLC “Ukrainian Audit Service”. General Insurer of UkrSibbank is CJSC IC AXA Ukraine.
BNP Paribas is a global-scale European leader in financial services and one of the 6 strongest banks in the world according to Standard & Poor's. The bank operates in Europe within all its core businesses, its domestic retail banking markets being Belgium, France, Italy, and Luxembourg. With a presence in 85 countries and more than 202,300 employees, 160,200 of which in Europe, BNP Paribas holds key positions in its three activities: Retail banking, Investment Solutions and Corporate & Investment Banking.