CLOSE
At a glance
Investors
Mission & values
Press & Media
Business model
Careers
Ukrsotsbank Worldwide
Ukrsotsbank Factsheet
Support Print Add to bookmarks

Fitch Ratings affirmed the ratings of Ukrsotsbank

12.06.2017

On June 9, 2017, Fitch Ratings agency affirmed long term and short term ratings of Ukrsotsbank at B-/B with Stable outlook, Long-Term Local Currency IDR at AA (ukr) with Stable outlook and Support ratings. Also the rating agency also upgraded the Viability Ratings of Ukrsotsbank to ccc.

Long-term ratings in foreign currency of Ukrsotsbank reflect the constraint of Ukraine's Country Ceiling and demonstrate the benefits shareholders’ support. In addition, according to Fitch Ratings, Viability ratings of Ukrsotsbank reflect stabilization of funding profiles, driven by decreased hryvnia volatility, and comfortable liquidity cushions accumulated in a period of low credit growth.

The upgrades of Viability Ratings of Ukrsotsbank reflect reduced pressures on asset quality mostly due to the more stable Ukrainian economy, the banks' modest growth/deleveraging and generally moderate risk appetites since the downturn in Ukraine's economy in 2014. The VR upgrades also consider improved loss absorption capacity following recent bank recapitalisations and continued resilience in operating performance that allowed for stronger coverage of problem assets and more comfortable capital cushions.

For more details please follow the link.

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.


Social networks:

facebook.com


 

Press-service Ukrsotsbank

Phone: 0 800 3000 90
Back





Internet-banking
Branches & ATMs
Contacts
0 800 3000 90 0 800 3000 90
0 800 3000 90 0 800 3000 90
Support

Support for physical entities. Calls from fixed and mobile networks in Ukraine are free of charge.

Number to be used for calls from mobile number within Ukraine for Vodafone, Kyivstar, lifecell subscribers.

Rates according to tariff plan used by user.

The callback service for mobile calls.

Support for legal entities and enterpreneurs. Calls from fixed and mobile networks in Ukraine are free of charge.

Rates apply to the actual date of writing-off from the account and are close to the bank’s exchange rate while blocking the necessary amount at the time of the transaction fulfilment.
At first card account currency is stated, hereafter the settlement currency with payment system is indicated.
Service quality appraisal

Feedback

Any questions, offers, comments?

We appreciate our cooperation with you. Please fill the feedback form bellow for sharing your suggestions , comments as well as ask us a question or call Contact-center of JSC "Ukrsotsbank" by number 0 800 5000 20 (landline calls within Ukraine are free).









I want to receive the information on new Bank’s services, promotion campaigns and prize drawings.

Required fields