UkrSibbank
 | |
| Type | Joint-stock company |
|---|---|
| Industry | Finance and Insurance |
| Founded | Kharkiv, Ukraine (June 18, 1990) |
| Headquarters | Kiev, Ukraine |
| Total assets |
 UAH 46,3 billion (01.01.2010) |
| Total equity |
UAH 7,6 billion (01.01.2010) |
| Owner(s) | BNP Paribas Group |
| Employees | 10,000+ |
| Website | www.ukrsibbank.com |
UkrSibbank is a commercial bank based in Ukraine. It was registered on June 18, 1990, and is the third largest bank in the country.[citation needed] It operates more than 700 branches across the country and offers banking services for legal entities and individuals. Year by year UkrSibbank increases its share in all financial sectors, thanks in particular to the support of the BNP Paribas group.[citation needed]
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 85% owned by BNP Paribas and 15% by the EBRD.
Its Management Board members are:
Philippe Joannier - Chairman of the Management Board
Lionel Dumeaux - Deputy Chairman, Chief Operation Officer
Konstantin Lezhnin - Deputy Chairman, Head of Retail Banking
Jean-Luc Deguel - Deputy Chairman, Head of Corporate Banking
Francois Girod - Deputy Chairman, Head of Capital Markets
Guillaume Lagrave - Deputy Chairman, Head of Risk Management
Anna Samarina - Deputy Chairman, Head of Finance
Sergey Panov - Deputy Chairman, Head of Legal
Kateryna Kovalko Mari - Head of Compliance
History
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.
2006-2010
In April 2006 BNP Paribas, one of the world’s largest financial groups, became a strategic investor of UkrSibbank with the share in the Bank’s stock totaling 51%. In 2009 it increased its stake up to 81.42%.[citation needed]
Activity
The Bank has positions in corporate banking, retail banking, and in the consumer finance segment.
It offers banking products, such as online banking (All inclusive package) and flexible deposits (Active Money).
One of the major world’s banking system, BNP Paribas, which owns 51% of shares in the Bank, is a strategic investor of JSC «UkrSibbank».
International Company LLC AF «PriceWaterhouseCoopers (Audit)» and audit firm LLC «Ukrainian Audit Service» act as Bank’s auditors.
Closed joint stock company «Insurance Company «Ukrainian Insurance Alliance» is a general insurance company of JSC «UkrSibbank».
Branch and ATM network
UkrSibbank has more than 700 branches across the country, and more than 1500 ATM.[citation needed]
UkrSibbank has also an ATM alliance with several local banks, that give to his clients a free access to close to 5000 ATM.
Bank’s Membership
- Ukrainian Interbank Exchange Market (UIEM)
- OJSC «Interregional Fund Union» (IFU)
- Ukrainian Banks Association (UBA)
- Authorized agent of American Express
- Agent of Thomas Cook, Western Union
- Kiev Bank Union (KBU)
- Crimean Interbank Exchange Market (CIEM)
- First Stock Trading System (FSTS)
- Kharkiv Banking Union (KhBU)
- SWIFT
- REUTERS
- Individual Deposits Guarantee Fund
- Principal member of MasterCard International
- Principal member of VISA International
- Ukrainian Taxpayers Association
- Global ATM Alliance
Subsidiary companies
- UkrSib Asset Management Company
- Ukrainian Leasing Company
"UkrSib Asset Management" - Asset Management Company - Pension Fund Administrator was incorporated in 2003 within UkrSibbank financial corporation and is part of BNP Paribas financial group, a leader in the international banking and financial services market.
Activities
- Management of the assets of collective investment institutions
- Asset management of institutional investors, non-government pension funds, and reserves management of insurance companies
- Establishment of venture investment funds in order to manage cash flows of holdings and corporations
UkrSib Asset Management runs 11 Money-Market Funds and 4 Venture Funds.