28.11.2007, 18:54
"UkrSibbank" Portfolio Increases 20% in 3Q
OREANDA-NEWS. November 28, 2007. During the last quarter, "UkrSibbank" expanded its portfolio by 20%, the bank's press service reported. Sergiy Naumov, Deputy Chairman of the Board, JSCIB "UkrSibbank" said: "According to the leading international experts and rating agencies, Ukrainian banking system was less influenced by negative consequences of the global financial crisis than any other CIS countries. Contradictory as it may seem, our system took advantage of its insufficient integration into the world financial markets, and of the absence of the mechanisms typical for open markets; NBU regulations and a lot of large-scale foreign investments into the Ukrainian banks. Being part of BNP Paribas, “UkrSibbank” continues to finance Ukrainian companies. "
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