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UniCredit Bank among top-5 leading banks in Ukraine

19.05.2016

UniCredit Bank was named among the top-5 best financial institutions in eight different categories of "50 leading banks of Ukraine 2016" rating. The bank was ranked fourth in the general list of the 50 best financial institutions, featured among top-5 winners in the "Private banking", "Car loans", "Service for individuals in branches", "Salary project", "Cash collection" and "Leaders by the number of branches" categories. Furthermore, internet-banking of UniCredit Bank has made it into the top-3 of the market.

In addition, the bank was named among the best for loans and services for business. UniCredit Bank is in the top-10 in "Overdraft", "Loans for SMEs" and "Service for legal entities" categories. The bank was also named as one of the leaders in terms of the number of issued payment cards.

In addition to business lines, rating analytics had also assessed the work of banks’ top managers. UniCredit Bank CEO Tamara Savoshchenko and CFO Giacomo Volpi were shortlisted as winners in their respective nominations. 

"50 leading banks of Ukraine 2016" rating is the most reputable and complete research of the Ukrainian financial sector. More than 120 indicators were analyzed to compile the rating, based on financial statements and internal information from the banks. Officially reported data was analyzed along with the ownership and shareholding structure, which allows to evaluate financial institutions objectively and accurately.

 

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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