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25 February 2013

PJSC "Ukrsotsbank", UniCredit Bank™ , to be among TOP-5 Banks in the Reliability Rating

JSC "Ukrsotsbank", which operates under the UniCredit Bank trade mark, was named one of Top-5 Ukrainian banks with the highest level of reliability according to the rating, held by magazine "Dengi". In accordance with the rating, PJSC "Ukrsotsbank", UniCredit Bank™, ranked 4th among the Top-50 researched Banks of Ukraine.

PJSC "Ukrsotsbank", UniCredit Bank™, received a reliability index of 0.690 out of maximum 0.821. These positive results were achieved thanks to the Bank’s efficient policy of cost management and processes centralization. Together with that PJSC "Ukrsotsbank", which operates under the UniCredit Bank trade mark, is a self-sufficient structure able to generate profits in all market conditions.

Borys Tymonkin, CEO of PJSC "Ukrsotsbank", UniCredit Bank™, commenting the result, said: "This is a good index. It is very important for the bank establishment. It demonstrates the stability of organization, its serious weight. And this means that in case of storm, we stay afloat. Besides own resources we have significant support of the Group. We also benefit from a clear and smart policy of shareholders, correctly set direction, solid decisions… This all lets us feel ourselves more comfortable and further develop. The index is good, but there is always were to aim at and what to improve. We will continue widening the boundaries and strengthening the positions".

The rating of TOP-50 Banks was composed by the magazine "Dengi" basing on the results of Ukrainian banks activity in 2012 according to NBU standards. The banks were then ranged according to reliability index. The information was used from open sources.


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