Olga Pavlovska

UKRSIBBANK BNP Paribas Group

UKRSIBBANK BNP Paribas Group – The bank for a changing world. UKRSIBBANK was founded in 1990 in Kharkiv. Since that time the Bank has paved its way from a regional bank to a national leader and then evolved further to its membership in one of the world's largest banking groups. Since 2006 the international bank BNP Paribas has been a principal shareholder of UKRSIBBANK. The Bank's integration with BNP Paribas Group opened a set of new prospects to include association with a global brand, best world practices and transition to new management standards. The efficient growth of the Bank is supported by its development in all market segments. UKRSIBBANK services about 2 mln retail clients. Due to its strategic partnership with BNP Paribas UKRSIBBANK is by all means the most robust and stable bank in Ukraine. ***************************************** About BNP Paribas BNP Paribas is a global leader on the financial market, one of the world's largest financial groups having over-two-century long history and being present in about 80 countries. BNP Paribas takes the lead among foreign banks present in Ukraine in terms of assets, net profits and market capitalization. In 2006 BNP Paribas bought 51% of UKRSIBBANK shares, one of the most dynamically developing universal banks present on the Ukrainian market. In 2009 the stake of the French group increased to 81.42% and in 2010 to 99.99%. In August 2011, European Bank for Reconstruction and Development (EBRD) completed a deal to buy 15% UkrSibbank's shares. On February 2, 2016 the proportion of EBRD's shares was increased to 40%. Thus, the share of BNP Paribas totaled 59.99%. During the period of strategic partnership with BNP Paribas, UKRSIBBANK has reached an absolutely new service level and opened a new business line. Today it is a universal bank that follows a balanced development strategy in retail and corporate banking.