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Borys Tymonkin, CEO of “Ukrsotsbank” PJSC, UniCredit Bank™, was nominated as the best banker of 2011

15.03.2012

Borys Tymonkin, CEO of “Ukrsotsbank” PJSC, UniCredit Bank™ was recognized as the best banker of 2011 according to “50 leading banks in Ukraine” rating conducted and published by the “Kommersant” publishing house.

The voting was based on the questionnaire in which every bank’s representative had the opportunity to offer 3 the most efficient bank managers. Borys Tymonkin, CEO of “Ukrsotsbank” PJSC, UniCredit Bank™ got the biggest number of the voices of the market participants and was recognized as the best banker of 2011. For the previous year Mr. Tymonkin increased his authority not only within UniCredit Group which is controlling PJSC “Ukrsotsbank”, but also became the idea inspirer of the establishing new banking association - Independent association of the banks in Ukraine (NABU).

The group of analytics of “The financial club” developed the methodology and complex rating indicators for the different directions of the banking business: servicing of the legal entities, private individuals, card’s operations, loaning of population and corporate businesses etc. For this purpose the original information was collected by means of questionnaire which is aimed to characterizes the quality of the services, the presence in the different regions, level of IT-technologies used by the organization, terms of attracting the resources and the availability of the different lending programs, flexibility in the assessment of the credit risks and other parts of the activities of the banks.

Yuriy Kolobov, the Minister of finance of Ukraine: “Such surveys are useful and of current importance for the banking sector. This rating shows the quality and the results of the achievements of the management team of the lending organizations for the ordinary people. It is based not on the rumors and assumptions, but contains the concrete indicators that allows to assess the job performed by the bank”.

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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