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UniCredit Bank gets the highest deposits reliability rating

11.12.2015

UniCredit Bank was assigned the highest level of reliability of deposits, having finished among the top-10 banks in the rating of bank deposits reliability according the "Standard-Rating" agency.

To compile the ranking, the "Standard-Rating" agency thoroughly analyzed more than 20 factors, including quarterly financial statements of banks and their compliance dynamics. The ranking following the results of 9 months of 2015 included 65 banks that have remained financial responsibility as of December 1.

The final list of 18 banks with the highest score of deposits reliability traditionally featured banks with foreign capital, Ukrainian state financed banks and some private banks with Ukrainian capital.

Lately, the Global Banking & Finance Review International Journal has named UniCredit Bank the best corporate and retail bank in the country in 2015.

www.standard-rating.com

 

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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