OREANDA-NEWS. On March 24, 2009 as was informed by the Bank press service with reference to the Financial Department, reported the press-centre of Ukrsotsbank.

Ukrsotsbank summarized the activities in 2008. As of Jenuary 1, 2009 dynamics of the main indices of Ukrsotsbank is as follows (figures are presented in accordance with national accounting standards):

total credit portfolio of the bank reached UAH 43.689 billion, having risen from the beginning of the year by 80.8%. The volume of loans to individuals exceeds the amount of loans to enterprises (UAH 24.177 bln. against UAH 19.511 bln.).

net assets amounted to UAH 49.695 bln., having risen from the beginning of the year by 59.1%.
funds of legal entities deposited on thrift and current accounts amount to UAH 6.841 bln.

funds of individuals reached UAH 7.316 billion.

the Bank capital amounted to UAH 5.176 billion, having risen from the beginning of the year by 62.0%.

the Bank net profit – UAH 792 million.

"Our main shareholder — UniCredit Group — plays a critical role in the development, stability and confident look into the future of our bank. — commented Ukrsotsbank Chairman of the Board, Borys Tymonkin. – In 2008 the net assets of the bank grew by 59% which was the best result in the TOP-5 Ukrainian banks excluding Oschadbank, which increased its assets with the help of the state.

The Bank earned UAH 792 million of net profit. This is the second result among Ukrainian banks in terms of this indicator. Ukrsotsbank staff earned for citizens of Ukraine — the depositors of the Bank and the State more than UAH 1.7 billion. Perhaps, this is the best illustration of the issue on social responsibility which was always on the top of USB activity".