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Ukrsotsbank is the best investment bank in Ukraine 2017

15.03.2017

Reputable international magazine Global Finance named Ukrsotsbank the best investment bank in Ukraine in 2017. This is stated in the magazine’s official press release on results of the 18th annual World's Best Investment Banks 2017 survey.

To compile the survey, magazine editors and international financial experts employed a series of criteria – including market share, number and size of deals, service and advice, structuring capabilities, distribution network, efforts to address market conditions, innovation, pricing, after-market performance of underwritings and market reputation. Deals announced or completed in 2016 were considered.

"Investment banking continues to drive change," said Joseph D. Guiaraputto, publisher and editorial director of Global Finance. "Our annual awards recognize the banks that have the greatest depth of knowledge – and the skills and knowhow to deploy that knowledge to serve their clients." 

"The recognition of our work by professional international magazine is a result of our well-coordinated teamwork. It is recognition of our achievements and expertize. This award is all the more valuable to us arriving after an extremely challenging year for Ukraine," said Tamara Savoshchenko, Chairman of the Management Board of Ukrsotsbank. "I am sure that in future our results will also deserve international recognition. Together with the team of Alfa-Bank Ukraine we will definitely achieve more."

Results of World’s Best Investment Banks survey will be published in the April 2017 issue of Global Finance.

Last year the magazine named Ukrsotsbank the best trade finance bank in Ukraine.

Global Finance, founded in 1987, has a circulation of 50,000 and readers in 192 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Global Finance also targets the 8,000 international portfolio investors responsible for more than 80% of all global assets under professional management.

 

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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