Ukrsotsbank PAT : UniCredit Bank took 4th position in most reliable banks rating according Forinsurer

UniCredit Bank took 4th position in most reliable banks rating according Forinsurer magazine.

According to the report, the rating takes into account the ability of the bank return the deposit without delay in case if it will have financial problems or problems of loan repayments and clients' debt mounting, as well as the level of support of shareholders and the state.

"The bank needs to have sufficient amount of capital and liquidity for work. To determine them there is regulatory capital adequacy ratio which should be greater than 10%, otherwise the NBU has the right to introduce temporary administration" - said Forinsurer.

Regulatory capital adequacy ratio of UniCredit Bank on October 1, 2014 is 14.33%, which is almost a half times higher the norm established by the NBU.

UniCredit Bank - is one of the largest multifunctional banks of Ukraine, offering its clients a full range of actual services in both individuals' and corporate clients' segment.

The renovated UniCredit Bank was created in December 2013 through integration of two Ukrainian assets of UniCredit Group, which has been operating on the local market since 1997. The integrated bank combined power, solidity and wide coverage of PJSC "Ukrsotsbank" and European experience, quality of servicing and flexibility of PJSC "UniCredit Bank".

The widespread network of UniCredit Bank consists of 435 branches. Bank staff consists of the best specialists at the country's market and totals 6 164 employees (as for 01 December 2013).

UniCredit is a leading European commercial bank with an international network spanning 50 markets, with more than 9,000 branches and over 148,000 employees. The Group operates in 20 European countries.

• Assets - UAH 43.056 bn.;
• Loan portfolio - UAH 27.37 bn.;
• Corporate clients' funds - UAH 9.66 bn.;
• Retail clients' funds - UAH 11.95 bn.;
• Capital - UAH 8.67 bn.;
• Net income - UAH 10.988 ml.

Contacts:

Leonid Muzykus - Head of External Communication Unit of UniCredit Bank

By phone: +38 044 230 13 51

Press-service UniCredit Bank

Phone: 0 800 5000 20