On March 13, 2015, the Expert-Rating agency confirmed the credit rating of UkrSibbank BNP Paribas Group at the level uaAAA, thereby acknowledging the bank's solvency and lending capacity. 

The confirmation of the highest rating was based on the bank's results in 2014. According to the agency, key balance indicators of the bank demonstrate a well balanced financial policy of UkrSibbank which resulted in retaining a significant market share in the face of highly unfavourable market environment and deteriorating business climate for banks in Ukraine.


"UkrSibbank entered 2015 very well capitalized and with good liquidity, - specialists of Expert-Rating say. - It is also important that the bank still has full support of its principal shareholder, BNP Paribas Group."

Reference:

JSC "UkrSibbank" (www.ukrsibbank.com) was registered on June 18, 1990. Banking License No. 75 and General License for currency transactions No. 75 issued by the NBU on 05.10.2011. As of 31.12.2014: net assets - UAH 26.337 bn, capital - UAH 1.781 bn, loan and investment portfolio - UAH 17.772 bn, corporate customers' funds - UAH 8.086 bn, individuals' funds - UAH 8.973 bn. The total number of clients is about 2.4 m. The regional network numbers more than 450 branches throughout Ukraine; the ATM network - over 1,100. 84.99% of JSC "UkrSibbank" shares are held by BNP Paribas Group; 15% by EBRD.

BNP Paribas (www.bnpparibas.com) has a presence in 75 countries with more than 185,000 employees, including 145,000 in Europe. It ranks highly in its two core activities: Retail Banking & Services (comprised of Domestic Markets and International Financial Services) and Corporate & Institutional Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia-Pacific .

UkrSibbank Press Service: +38 044 201 22 71

Oleksandr Shevchenko oleksandr.shevchenko@ukrsibbank.com


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