OREANDA-NEWS. March 24, 2011. 2011 will become the period of intensive lending of small and medium business. Absence of currency hikes, stabilization of the market influenced the SME activity. At the same time, its more sound and effective development requires investments. Understanding the need for supporting business, UkrSibbank is making SME financing more active, thereby investing in the development of the national economy, reported the press-centre of UkrSibbank.

Even during the crisis UkrSibbank provided business opportunity of financing. Today the bank offers different types of financing: working capital loans, loans for the purchase of vehicles, machinery, equipment, real estate, unsecured overdrafts, etc. In addition, UkrSibbank refinance currency credit in hryvna at favorable terms. For business that means an opportunity to move to a stable debt service.

“UkrSibbank currently services more than 55 thousand small and medium companies and more than 200 thousand private entrepreneurs, which is more than 5% of all SME companies of Ukraine. We obtained such a confidence owing to the care of our customers, as well as due to our unblemished reputation and high ratings. Already during four successive years UkrSibbank receives the title of the best Ukrainian bank according to the established edition Global Finance. Therefore, say the least of it, UkrSibbank may be called the most reliable and strong bank in Ukraine. And we are now ready to justify the confidence of our customers by making possible to credit business on favorable terms, as well as by providing a loyalty program”, Benaroya Francois, Deputy Chairman of the Board, UkrSibbank BNP Paribas Group, told.

Effective from January 2011, the new Tax Code significantly affected the terms of conduct of business, especially with respect to private enterprises. The change in the legislation may result in the trend of re-registration of private entrepreneurs into legal entities.

 “We in UkrSibbank understand how support of the business is important here and now, when there is the acute need for it. In this connection, there is currently the loyalty program in the bank for both entrepreneurs and legal entities. Customers which open a current account on the terms of the Economy or Unlimited tariff scheme will be granted a three months’ grace period without payment of the commission fee for servicing the current account. This program is aimed at support of the business, as just SME is a potential source of innovations and driver of economic development”, Andriy Kashperuk, Deputy Head of the Retail Sales Department, UkrSibbank BNP Paribas Group, added.