OREANDA-NEWS. October 25, 2012. FUIB corporate site received the highest rating among Ukrainian banks by openness and information availability to investors at the corporate website.

In the framework of The Most Electronic Banks Investor Relations Agency conducted a study of corporate websites of Ukrainian banks in terms of information availability for potential and existing investors (owners of stocks and/or bonds).

According to the results of this study FUIB corporate website received the highest score among the 30 banks. Separately, the authors noted that FUIB was the only bank among those surveyed that issued the Information Disclosure Policy.

The study used a number of indicators that combine into 12 sections compiling over 40 criteria:

1. Availability of a separate page for the shareholders (investors)

2. Compliance with a minimum level of information availability for the shareholders (investors)

3. Financial Information (reports according to the National Accounting Standards (NAS), International Financial Reporting Standards (IFRS), indicators analysis)

4. The ownership structure

5. Corporate Governance (information on the Supervisory board, Management, The Code of Corporate Governance, Information Disclosure Policy, etc.)

6. Disclosure of the regular and special information of the (stocks/bonds) issuer

7. Information on shares issuance

8. Information on bond issuance

9. Current ratings

10. FAQ/presence in the social media

11. Investor Relations Contacts

12. Compliance with best Investor Relations practice

"We are grateful to the experts involved in the study for the high ranking of information disclosure by FUIB. Results of this study provide a measurable assessment of the Bank’s achievements to date and indicate areas for further development and strengthening of our reputation. Compliance with best practices of information disclosure is among our core values, so we will continue to improve our corporate site as a convenient source of information for investors and our other stakeholders," ? says Sergey Chernenko, Acting Chairman of FUIB.

FIRST UKRAINIAN INTERNATIONAL BANK (FUIB) is in the group of the Ukraine’s largest banks. It is a universal bank, especially active in commercial, retail, and investment banking operations. The Bank was founded in 1991. Its major shareholder is “SCM” Finance LLC (92.24%). The FUIB’s regional network consists of 160 outlets all over Ukraine. FUIB is a member of “Radius” ATM Network uniting over 2000 ATMs of partner banks in all regions.

In 2010 FUIB was included as No 905 in the rankings of one thousand largest banks in the world compiled by The Banker magazine. The Bank is among the leaders in informational transparency by Ukrainian banks according to findings of the surveys held by Standard & Poor’s (2010) and Credit-Rating (2011) agencies with support from Financial Initiatives Agency and the Financial Sector Development Project (FINREP) of the USAID. In July 2012 Moody’s rating agency confirmed the outlook on the FUIB’s “B2” global local currency rating and its “E+” bank financial strength rating (stable). The FUIB’s current ratings are available at the Bank’s site in “Ratings” section.