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Ukrsotsbank Factsheet

In 2017 PJSC "Ukrsotsbank" celebrates its 27th anniversary.

For 27 years of its fruitful activity the bank has become one of the largest and most successful on the market of financial services, having earned trust of a million Ukrainians.

The history of Ukrsotsbank dates back to early 1990-ies, when the bank was transformed from a republican office of USSR Zhylsotsbank into an independent bank. This period was crucial, for the new ambitious goals started to arise before the bank. At the end of 1990-ies the bank underwent consolidation of shares, getting prepared to new targets set by the new Supervisory and Management Board in 2000: business-oriented shareholders aspired to fast modernization and development.

In 2003 the era of rapid growth commenced. With it came understanding that the scale of banking business, which grew fast and demanded capital inflow, required new blood in shareholding structure. During 2007-2008 an active search for new investors started. As a result, Ukrsotsbank joined the reputable UniCredit Group.

31 October 2016 was marked with a deal that became a milestone for the whole financial market of Ukraine, whereby 99.9% of Ukrsotsbank shares have been transferred from UniCredit Group to ABH Holdings S.A. (АВНН) in exchange for a minority 9.9% stake in ABHH. Ukrsotsbank announced the return of its historic brandname and opened a new page of its development.

Thus, the bank has combined 26-year-old traditions of Ukrsotsbank’s client-centric attitude, European quality of service inherent to UniCredit, as well as international banking expertise of ABHH in a number of European countries including CIS. The final goal of the deal is seen as creation of a single strong bank based on the best practices of Ukrsotsbank and Alfa-Bank Ukraine. The united bank is expected to become the biggest bank with private capital in the country.

Ukrsotsbank today is a bank, which generates new ideas, carefully follows changes on the market, strives to improve client impressions, and offers a full set of modern financial services.



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