Ukrsotsbank Increases Its Net Assets by 70%
OREANDA-NEWS. December 17, 2007. For eleven months Ukrsotsbank increased its net assets by more than 70%, reported the press-centre of Ukrsotsbank.
The growth rate of Ukrsotsbank net assets amounted to almost 71% since the beginning of 2007 and as of 1.12.2007 it has reached almost UAH 30 billion. Ukrsotsbank share on the net assets market increased by 0.3 p.p. up to 5.5%, which corresponds to the fourth place in the rating of Ukrainian banks.
“Dynamic growth of net assets resulted from the implementation of our aggressive enough market strategy,” Ukrsotsbank Chairman, Borys Tymonkin says. - In general, Ukrsotsbank has quite aggressive plans as to increase of net assets. In total, we are going to increase our net assets to UAH 100 billion during five years".
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