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PJSC "Ukrsotsbank" - the best trade finance bank in Ukraine

02.02.2012

At the end of 2011 Global Finance magazine announced “the Best Trade Finance Banks 2012” according to the survey results of which will be published in February 2012 publication.

Global Finance editors together with analysts, corporate executives and industry experts selected the best trade finance banks from 78 countries and regions based on results of the projects had been executed by those banks in 2011. The volume of trade finance transaction, scope of global coverage, customer service, competitive pricing and innovative technologies in financing were criteria for the winners choosing.

We are pleased to inform that UniCredit Group was recognized the Best Trade Finance provider in Central and Eastern Europe, while PJSC “Ukrsotsbank” was named the Best Trade Finance Bank in Ukraine, UniCredit Bank Austria AG was named the Best Trade Finance Bank in Austria, Bank Pekao was named the Best Trade Finance Bank in Poland.

This achievement is a result of well-coordinated work of Center of Corporate Business departments of the Bank and effective cooperation with foreign banks in the process of the Bank’s trade finance projects execution.

Sincere congratulations on this achievement and wishes of further success!

Reference:

Global Finance magazine (GFmag.com), founded in 1987, has a circulation of 50 050 and readers in 163 countries.

Global Finance’s audience includes chairmen, presidents, CEOs, CFOs, treasurers and other senior finance officers responsible for making investment and strategic decisions at multinational companies and financial institutions.

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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