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Ukrsibbank

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Ukrsibbank

UkrSibbank
Joint-stock company
Industry Finance and Insurance
Founded Kharkiv, Ukraine (June 18, 1990)
Headquarters Kiev, Ukraine
Total assets Increase 46,3 billion (01.01.2010)
Total equity Increase ₴7,6 billion (01.01.2010)
Owner BNP Paribas Group
Number of employees
10,000+
Website www.ukrsibbank.com

UkrSibbank is a BNP Paribas since 2006.

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%.

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.

UkrSibbank has also an ATM alliance with several local banks, that give to his clients a free access to close to 5000 ATM.

Shareholders and Management Board

UkrSibbank office in Kiev

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

Bank’s Membership

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. Its activities include:

  • 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.

See also

External links

  • JSC «UkrSibbank»
  • JSC «UkrSib Asset Management»
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