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UniCredit Bank ranked second in the retail banks’ ranking by Focus magazine

26.02.2015

UniCredit Bank ranked second in the retail banks’ ranking by Focus magazine.

"I am pleased that our hard work and commitment to obligations to customers is appreciated not for the first time. Not in vain is our motto - "Life is full for ups and downs, we’re there for both". But we are still having a long way towards achieving these goals that we have set for ourselves in the standards of service and customer relationships,” - says UniCredit Bank retail business center director Lyubomir Punchev.

Focus ranks financial institutions according to their stability and convenience. Financial institutions with the volume of retail deposits from UAH 1 bn are involved in the ranking. 20 banks with the highest scores were included in the final list.

The maximum possible number of points – 100, 80 of them could be gained for stability, and the remaining 20 - for convenience. Stability was evaluated by such indicators as support from owners and state, net interest income, inflow and outflow of deposits, dynamics of term deposits etc. The convenience was evaluated by the number of branches, including those working on the weekends, the number of ATMs, mobile applications and online banking availability etc.

To recall, UniCredit Bank was recognized as one of the leaders of the rating of stable banks in Ukraine according to Forbes magazine.

 

NOTE

Ukrsotsbank is one of the largest universal banks of Ukraine, operating in the local market since 1990. The bank offers full range of services to individuals and corporate clients.

The renovated Ukrsotsbank emerged on 31 October 2016 as a result of strategic deal 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. 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. Thanks to the successful synthesis and synergy of the two assets of ABHH in Ukraine, Ukrsotsbank and Alfa-Bank, the banking market of Ukraine will see the rise of a new stronger financial institution. This, in turn, will spur up technological advance, increase efficiency, improve quality of service for the clients, reduce cost of banking services whereas their range will inevitably expand.

The extensive retail network of Ukrsotsbank consists of 237 branches, its headcount reaching nearly 5 thousand employees.


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