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BNP Paribas' UkrSibbank recognized in MasterCard 2008 rating

activemoney.jpg?itok=RhUEZPY- UkrSibbankis is recognized as the best in the main nomination of MasterCard's Bank of the Year rating and Active money deposit is considered "The Best Card Product 2008."

«Victory in 2 of the 5 MasterCard Bank of the Year nominations, one of Eastern Europe's most authoritative rating, is undoubtedly the best acknowledgement of UkrSibbank's reliability and stability even in conditions of financial instability», said Oleksander Adarich, Chairman of the Management Board at JSCIB UkrSibbank. « We appreciate the recognition of leading experts; which means UkrSibbank continues to improve banking products and technologies and remains the best bank for clients».

UkrSibbank offered its clients the unique deposit Active Money two years ago. It is possible to deposit funds for any convenient period, replenish the account and withdraw money at any suitable time without interest being recalculated at the decreased rate and without any extra fees.

«Clients can start accumulating with as little as 10 UAH, USD or EUR. Currently it is the lowest minimum deposit on the market. Extra monthly income from Active Money amounts tightly to term deposits. For clients' convenience they are issued with a payment card, which may be used to pay for goods and services at retail networks, as well as to withdraw cash 24 hours a day 7 days a week nationwide and abroad », said Ivan Istomin, Head of Individual Business Development Department at JSCIB UkrSibbank. « From the very first days that Active Money was marketed, it gained much in the popularity among our clients ».
MasterCard's Bank of the Year was created in the Czech Republic, its purpose is to define the best products and services of financial institutions. There were 50 participants in Ukraine this year: 20 insurance companies and 30 banks ranked on asset sizes for the 1st half of 2008. Winners in «Bank of the year», «The Bank Product of the Year» and «The Most Dynamic Bank of the Year» were defined by 70 expert jurors composed of: company directors, financial analysts, academics and mass-media representatives..


JSCIB "Ukrsibbank" was registered on June 18, 1990. The Bank has a full NBU license on banking № 75 of December 24, 2001. As of 01.09.2008: net assets – UAH 43.1 bln, capital – UAH 5.7 bln, loan and investment portfolio makes up UAH 38.5 bln, corporate customers' funds – UAH 6.3 bln, individuals' funds – UAH 7.3 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 3.7 mln. In April 2006 it was closed a deal on BNP Paribas purchase of 51% of shares of JSCIB “UkrSibbank”

BNP Paribas is a European leader of international banking and financial market and one of the three 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 168 000 employees, including 129 500 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.