UkrSibbank


UKRSIBBANK BNP Paribas Group is a commercial bank based in Ukraine. UKRSIBBANK has been operating in the Ukrainian market since 1990. It operates network of 300 branches and 1000 ATMs throughout Ukraine, for 1.9 million customers all around Ukraine, 165,000 SME's companies and 2,200 large corporate companies. The bank has been a subsidiary of French International bank BNP Paribas since 2006.

History

2006–2018

In April 2006, one of the largest financial groups in the world BNP Paribas became the strategic investor at UKRSIBBANK, with a share of 51%. In 2009, the share was increased to 81.42%, and in 2010 to 99.99%. In August 2011, the procedure for the acquisition of 15% of shares of UKRSIBBANK was completed by the European Bank for Reconstruction and Development, after that the share of BNP Paribas amounted to 84.99%.
In February 2016, the size of the EBRD's share increased to 40%, that's why, the share of BNP Paribas comprised 59.99%.
Integration with the BNP Paribas group has opened URSIBBANK new opportunities: involvement in the global brand, the use of advanced world experience, the transition to new standards of management. UKRSIBBANK is a bank of positive changes.
In February 2018, BNP Paribas bought UKRSIBBANK shares from minority shareholders, increasing its share to 60%.

1990–2005

UKRSIBBANK was founded in 1990. Over the first two years it operated on the financial market as Kharkiv regional bank that serviced large corporate customers.
In 1996 the bank started opening branches in other regions of Ukraine, and since 2000 it has been building up an extensive branch network. Being actively engaged in servicing individuals and legal entities, UKRSIBBANK has been constantly extending the list of banking services and products and conquering new market segments.
In December 2005 UKRSIBBANK, the third largest bank in Ukraine, and BNP Paribas, one of the world's largest financial groups, signed a share purchase agreement on 51% of UKRSIBBANK's shares.

Activity

The bank has positions in corporate banking, retail banking, and in the consumer finance segment.
It offers banking products, such as online banking and flexible deposits.
One of the major world's banking system, BNP Paribas, which owns 60% of shares in the bank, is a strategic investor of JSC «UKRSIBBANK». International Company LLC AF «PriceWaterhouseCoopers » and audit firm LLC «Ukrainian Audit Service» act as the bank's auditors.

Branch and ATM network

UKRSIBBANK has more than 300 branches across the country, and more than 1000 ATMs.
UKRSIBBANK has also an ATM alliance with several local banks, that give to his clients a free access to close to 5000 ATMs.

Shareholders and Management Board

The official ceremony of share purchase agreement signing, dedicated to purchase of 51% of shares of JSC «UKRSIBBANK» took place on December 20, 2005. Today, the bank is 60% owned by BNP Paribas and 40% by the EBRD.
Its management board members are: