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UniCredit Bank - the market leader in car loans segment in Ukraine in IQ 2014 - experts

10.04.2014

UniCredit Bank reconfirmed its leading positions at the car loans market. Based on the results of the first quarter of 2014 the bank took the first position among the top 10 players of this segment. The market share of the bank is 18.5%*.

"The popularity of UniCredit Bank’s car loans lies in flexible terms and competitive rate of the product. Customers can choose a convenient payment scheme of credit, the amount of first installment and use the option of quick decision on the loan. Due to cooperation with the car dealers we introduce monthly a number of interesting offers with reduced interest rates, zero advance payment, etc. "- said Natalia Butkova, Head of Partnership Relations Department at UniCredit Bank.

We remind that at the end of March 2014 the bank took second place in the category "Car Loan" in the "50 leading banks of Ukraine" annual ranking of the "Kommersant-Ukraine" newspaper.

*According to Porsche Finance

 

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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