The FINANCIAL — From December 2007 clients of JSCIB UkrSibbank are able to withdraw cash at the AMTs of JSCB UkrSotsbank, JSCB Pravex-Bank and OJSC Bank Finance and Credit without extra charges at the rates by UkrSibbank.
“Such merger of ATMs is, first of all, about sustainable growth of opportunities for holders of payment cards issued by “UkrSibbank”. From now on over 2 500 ATMs nationwide are at disposal of our clients, – said Taras Kirichenko, Deputy Chairman of the Board of JSCIB “UkrSibbank”. – The clients to hold cards of partner banks, i.e. JSCB “UkrSotsbank”, JSCB “Pravex-Bank” and OJSC “Bank “Finance and Credit” may also take advantage of “UkrSibbank’s” ATMs at the rates of their master banks. Technically this merger is based on various processing centers and presupposes mutual settlements between the banks to participate in this association”.
Currently “UkrSibbank” operates over 1000 ATMs.
JSCIB «UkrSibbank» was registered on June 18, 1990. Bank has full NBU license for banking operations № 75 of December 24, 2001. As of 01.11.2007: net assets – UAH 34.2 bln, capital – UAH 4.1 bln, loan and investment portfolio makes up UAH 29.6 bln, corporate customers’ funds – UAH 5.4 bln, individuals’ funds – UAH 4.9 bln.
Regional network currently amounts to 1000 branches and outlets throughout Ukraine. 69 thousand of Ukraine’s businesses are customers of JSCIB «UkrSibbank»; the amount of individuals’ accounts exceeds 3.1 mln. In April, 2006 BNP Paribas acquired 51% of stock of JSCIB “UkrSibbank”.
BNP Paribas is a European leader of banking and finance market with significant and expanding presence in the USA and leading positions in Asia. The Group is one of the world’s major banking networks, which is operating in more than 85 countries. Headcount of BNP Paribas exceeds 140 000 persons, including some 110 000 employees throughout Europe. BNP Paribas is a leader in three key directions: corporate and investment banking, asset management and retail banking.
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