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Ukrsotsbank has doubled the number of consumer loans

07.06.2017

In 2017 Ukrsotsbank has increased the number of issued consumer loans by 40% and volume twice compared to the same period in 2016. Thus, within the first five months bank has issued 3,245 loans totaling about UAH 69 million and above 10,000 credit cards amounting to about UAH 106 million.

Iryna Kozachuk, head of consumer loans sales unit at Ukrsotsbank, comments on the factors and causes of retail lending increasing: "Consumer loan is one of the most accessible ways to receive cash in terms of procedure and time. This type of loan is indispensable if there is urgent need to get money and no time to find an alternative solution. Nowadays loan is not so difficult to get, especially if its amount is small and the bank trusts the borrower. As for Ukrsotsbank, to get the loan the most clients prefer credit cards".

Today Ukrsotsbanks offer loans up to UAH 300 000 for up to 48 months. The loan up to UAH 50 000 could be issued without document that confirms client’s income, to get the loan client has to provide only passport and individual tax number. The loan can be issued within 30 minutes and the interest rate is from 13.99% per annum.

Please review detailed information on consumer loans here.

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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