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Graziano Cameli: Safety of our customers' funds is indisputable

14.03.2014

Dear clients!

All of us today are concerned about political situation in Ukraine. Last days we’ve been receiving a lot of questions about UniCredit Bank's work in Crimea, expected case scenarios, etc. Everything depends on negotiations of politicians and as a bank we can only hope for the peaceful solution of the conflict in accordance to the Ukrainian and international law. But what we can say surely is that safety of our customers' funds is indisputable.

We also urge the citizens not to believe false information about the prohibition of deposits withdrawal. Such restrictions are exclusively within the competence of the National Bank. I stress that there are no restrictions on the withdrawal of deposits at the moment - every client can withdraw deposit after the expiration of the contract or terminate prematurely in necessity.

As a part of a large European bank, we understand how important the mutual trust is, and will do utmost to protect our customers from any possible negative impact of changes at financial market. At such time as ever relevant UniCredit's credo is – "Life is full of ups and downs. We're there for both".

Graziano Cameli

CEO of UniCredit 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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