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UniCredit Bank is among top-5 largest taxpayers of the banking sector in 2015

02.03.2016

"Biznes" magazine included UniCredit Bank to the list of "Top-100 companies, largest taxpayers to state budget of Ukraine in 2015". The bank is one of the top-5 financial institutions that payed the largest amount of taxes to the budget, and took the 84th position in the overall ranking.

The total amount of taxes paid by UniCredit Bank last year amounted to UAH 410 million. According to "Biznes" magazine, top-100 companies – the largest taxpayers to consolidated budget of Ukraine, even in such unfavourable conditions increased their contributions by 56.6% – from UAH 105.9 billion in 2014 to UAH 165.9 billion in 2015.

In September "Ekonomichna pravda" also named UniCredit Bank among top-5 largest taxpayers in the banking sector. In the general list from "Ekonomichna pravda", compiled considering the amount of taxes payed in 2014 and 2015, UniCredit Bank took 79th place.

 

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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