OREANDA-NEWS. December 06, 2007. The Bank of the Year award was aimed to determine the best Ukrainian banks and banking services of the year 2007. The main peculiarity of the award is that the experts of the specialized nominations were the leaders of the market, top managers of the leading companies of the country financial sector, reported the press-centre of Ukrsotsbank.

It means that the winner of The Banker of the Year 2007 category was elected by chairmen of the Ukrainian banks.

Here are comments of Dragon Capital investment company analytical department director, Andriy Bespiatov on the victory of Ukrsotsbank Chairman in The Banker of the Year nomination: “Borys Tymonkin is the top class professional, who has provided dynamic and successful development of Ukrsotsbank and implemented European principles and standards of client policy due to the ability to rally a team of professionals and realize long lasting financial experience. As a result Ukrsotsbank has significantly strengthened its leadership positions in the market”.

These comments of the well-known analyst are clearly confirmed by the fact that Ukrsotsbank has also taken the third place in The Bank of the Year category of MasterCard the Bank of the year award.

MasterCard the Bank of the Year award in Ukraine was held for the first time. But it has already become traditional for our East European neighbors, the Czech Republic and Hungary. During the six years of its existence it has acquired a high reputation in financial circles in the Czech Republic and has received wide media attention in this country. The MasterCard Az ev bankja award was first held in Hungary in November 2006. After a successful start this year it was held in this country for the second time.