Fortune Ranks UniCredit on 3rd Place
OREANDA-NEWS. July 24, 2009. Fortune ranks UniCredit Group member of which is Ukrsotsbank in the third place, reported the press-centre of Ukrsotsbank.
The Global Fortune 2009 defines TOP-500 biggest Italian and world companies. According to the rating, Eni Company has confirmed its position as the top Italian company in Fortune’s 2009 ranking of the world’s 500 largest corporations, reiterating the oil sector’s predominance.
Meanwhile, Fiat bowed out of its third place ranking, losing it to UniCredit, which made its debut in the top three. The Generali Group maintained its number two ranking from last year. According to the rating, UniCredit Group also improved its Global 500 ranking, coming in 58th compared to 77th last year.
The other Italian bank to rank among the world’s largest companies was Intesa Sanpaolo: sixth in Italy and 137th worldwide (144th – last year).
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 449 offices — 436 off-balance offices and 13 regional branches. The number of employees — 9 500.
Financial summary, as of 1 April, 2009:
loan portfolio – UAH 42.691 billion
net assets — UAH 46.674 billion
funds of legal entities deposited on thrift and current accounts — UAH 6.315 bl
funds of individuals — UAH 5.971 billion
Bank capital — UAH 5.249 billion
net profit — UAH 54 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.
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