UkrSibbank to Disburse Indemnities to Clients of Liquidated Banks
OREANDA-NEWS. July 31, 2013. The Deposit Guarantee Fund has reaffirmed the role of JSC “UkrSibbank” as an agent bank to disburse indemnities to depositors with banks that were liquidated in 2013–2014.
In selecting the appropriate bank, the Fund considered the following criteria: reliability, adherence to NBU standards, the extensiveness of the retail network, the possibility to pay out indemnities to depositors on demand at any of the bank’s branches, as well as the bank’s belonging to a group of largest banks.
JSC “UkrSibbank” has been a permanent member of the Individuals’ Deposits Guarantee Fund since September 1999.
BNP Paribas, the main shareholder of JSC “UkrSibbank”, figures among the most stable banks in Europe (A+ rating with Stable Outlook from Fitch Ratings; A2 rating with Stable Outlook – from Moody's).
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