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Ukrsotsbank moved up for 11 positions in the ranking of the Ukraine’s largest taxpayers

25.11.2016

In Q3, 2016 Ukrsotsbank moved up for 11 positions in the rating of top-100 largest taxpayers of Ukraine. According to State fiscal service, Ukrsotsbank took 88th place in the overall ranking of Ukrainian companies and was among top-10 in the list of financial institutions. In 2016 the bank increased the amount of tax payments to state budget by 1%.

The rating includes tax payments for land, real estate, transport, added value, profit, subsoil use and excise for Ukrainian goods producers.

The rating of top-100 largest taxpayers of Ukraine from State fiscal service is published quarterly. It includes all companies located in Ukraine, including their subsidiaries that are not legal entities.

 

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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