OREANDA-NEWS. UniCredit Bank liquidity is UAH 7 bln as of January 1, 2015. This was announced by the bank’s chief finance officer Giacomo Volpi.

"UniCredit Bank has always been known for its high liquidity. Even now despite the difficult financial situation in the country our liquidity amounts to UAH 7 bln. It allows us to fulfill all commitments without any delay - our clients do not face any delays in deposit repayment. Despite a tough year our UAH deposit portfolio even showed an increase in 2014" - said Mr. Volpi.

According to him, UAH 2 bln out of the total volume were invested in the NBU deposit certificates, another UAH 2.4 bln in short term government bonds. The remaining amount is held in the account with NBU to support daily operations.

"In the current circumstances - said Mr. Volpi - highly liquid short term securities and ready cash funds allow us to be confident that the client will never face a shortage of money at the cash departments and ATMs: this means that we are a safe place for savings."

UniCredit Bank – is one of the largest multifunctional banks of Ukraine, offering its clients a full range of actual services in both individuals’ and corporate clients’ segment.

The renovated UniCredit Bank was created in December 2013 through integration of two Ukrainian assets of UniCredit Group, which has been operating on the local market since 1997. The integrated bank combined power, solidity and wide coverage of PJSC “Ukrsotsbank” and European experience, quality of servicing and flexibility of PJSC “UniCredit Bank”.

The widespread network of UniCredit Bank consists of 435 branches. Bank staff consists of the best specialists at the country’s market and totals 6 164 employees (as for 01 December 2013).

UniCredit is a leading European commercial bank with an international network spanning 50 markets, with more than 9,000 branches and over 148,000 employees. The Group operates in 20 European countries.