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

UniCredit passed ECB stress test

28.10.2014

UniCredit’s strong resilience confirmed after the thorough and extensive Comprehensive Assessment carried out by ECB in cooperation with EBA and Bank of Italy.

Overall results of the exercise confirmed the solid capital position of UniCredit, exceeding significantly all the thresholds set out in the Comprehensive Assessment CET1 ratio 2016 stands at 7.8% including all capital enhancement actions taken in 1H14.

Federico Ghizzoni, CEO of UniCredit commented: “In spite of the conservative approach of ECB and EBA in the Comprehensive Assessment, on top of the current negative macroeconomic environment, the results of the exercise confirm UniCredit’s strong capital position, with 6.8% CET1 ratio under the adverse scenario. This ratio increases to 7.8% including the capital enhancing measures we have undertaken in 1H14 as well as the retained earnings of the period, jointly amounting to almost 100 bps. The impact on our capital ratios of the Comprehensive Assessment is only 298bps, making UniCredit one of the most resilient banks in Europe. In particular, the impact of the AQR on CET1 ratio is very limited (19bps), confirming the prudential approach towards classification and provisioning. Considering the positive results of Comprehensive Assessment, UniCredit confirms its net profit target for 2014 and its focus on lending to households and corporates in Italy and across Europe”.

 

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

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.

International and domestic calls according to the tariffs of the operator.

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