Ukrsotsbank won the Bank of the Year–2009 competition in Best Bank for Students nomination by Bankir magazine

On November 26, 2009 the solemn ceremony of awarding winners of Bank of the Year – 2009 First National Competition by Bankir magazine. Ukrsotsbank was awarded as Best Bank for Students – 2009 among the largest banks in Ukraine.

Aim of the project – to promote accessibility and openness in the banking institutions work. Representatives of leading financial institutions, the IMF, the international rating agencies, as well as prominent international and domestic banking community persons were involved in the competition.

Overall the Bank of the Year – 2009 competition was attended by 128 banks. The winners were 19 banks, each in its group.

According to organizers, Ukrsotsbank victory in the Best Bank for Students – 2009 nomination is an objective assessment of the efforts of the bank as the best employer, a company that attracts many students to practice on its network, invests in the activities for the development of professional skills of students. In particular, representatives of the best economic universities in Ukraine noted, Allukrainian Students Olympics for the prize of UniCredit Group became a very important and resonance event among students. The Olympics is being held by Ukrsotsbank for several years. Only this year 946 students from more than sixty universities in Ukraine participated inthe Olympics.

The winner in Best Bank for Students – 2009 category was defined by more than 5000 students from various universities of the country.

Note

JSCB Ukrsotsbank was established in September 1990. At present, it is among the largest banks in Ukraine. The branch network (without the HQ) of the Bank comprises 447 offices — 440 branches and 7 affiliates. The number of employees — 9 500.

Financial summary, as of 1 October, 2009:

• loan portfolio – UAH 41.480 billion 
• net assets — UAH 44.273 billion 
• funds of legal entities deposited on thrift and current accounts — UAH 4.857 bln.
• funds of individuals — UAH 6.724 billion
• Bank capital — UAH 5.768 billion
• net profit — UAH 85 million

On 23rd of January 2008, UniCredit Group finalized the acquisition of 94,2% total shareholders capital of Ukrsotsbank from the group of investors that were represented by international consulting company EastOne (shareholders’ saler) through Bank Austria Creditanstalt AG (BA-CA), which is responsible for commercial banking activity in CEE.