Kreditprombank Expects Activation of Investment
OREANDA-NEWS. January 18, 2011. Chairman of the Management Board of Kreditprombank Viktor Leonidov: "We should expect for activation of investment into development of small and medium business".
At the same time, he noted, this process will be accompanied with the increased competition between the participants of the market for reliable borrowers.
"In view of necessity to increase the profitability of loan portfolios and diversification of loan risks the small and medium business seems rather perspective segment for the banks: the risks there are lower than in consumer crediting and the profitability is higher. The positive dynamics of growth of SME enterprises, their considerable share in total structure of sales – about 50%, taking into account that the share of the employed in SME makes only little more than 30%, - all these factors show the great potential of the Ukrainian small and medium business", - stressed Viktor Leonidov.
The Public Joint Stock Company "Kreditprombank" is a stable universal commercial bank represented in the financial market of Ukraine since 1997. According to the NBU’s classification it is included into the group of the largest banks of the country.
The Bank provides full range of financial services for the corporate and retail clients, representatives of small and medium business and its customer base amounts to about 400 thousand of physical persons and more than 10 thousand of legal entities. As of 01 January, 2011 the regional network of branches and outlets of "Kreditprombank" included 185 sale points.
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