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Ukrsotsbank was named among the best in 11 categories of "50 leading banks of Ukraine" research

18.04.2017

Financial Club named Ukrsotsbank among the best in 11 different categories of "50 leading banks of Ukraine" annual research, once again testifying to the bank’s unwavering leader’s positions.

In particular, the bank has become a leader in the "Banking service for individuals at branches" and "Classic deposit" categories, having complemented these titles with a bronze in "Savings deposit", "Car lending" and "Mortgage" nominations.

Ukrsotsbank has also been named among top-5 leaders in terms of retail network size and the best internet banking system. The bank has also made it to the top-10 in "Premium banking", "Salary project", "Cash collection" and "Overdraft" categories.

In the overall ranking of "50 leading banks in Ukraine" Ukrsotsbank took the well esteemed 8th place. Furthermore, Tamara Savoshchenko, the chairwoman of the management board at Ukrsotsbank, was named among the top-10 best bankers in Ukraine.

"I’m very pleased that Ukrsotsbank has won in two nominations: "Banking service for individuals at branches" and "Classic deposit". My sincere congratulations and gratitude to the team of Ukrsotsbank for their work, attention and respect for clients, as well as devotion to the bank! This is your victory!" Tamara Savoshchenko said.

It should also be noted that Alfa-Bank Ukraine has also been marked among leaders in 7 nominations, leading the flock in "Premium banking", "Credit cards" and "Cash loans" nominations. In general rating Alfa-Bank Ukraine took the 13th place.

"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. In addition to numerical indicators, each bank received additional assessments from leading financial experts in the Ukrainian market, allowing 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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