UniCredit demonstrated support to the Ukrainian bank
OREANDA-NEWS. UniCredit demonstrated that group sustained the Ukrainian bank. It was stated by Carlo Vivaldi, Head of CEE Division of UniCredit, on the Annual EBRD Meeting held in Tbilisi.
"We know Ukraine has a negative growth because of the geopolitical situation. But we demonstrated that we sustained the bank because USD 250 mln of capital increase is already on the book of the bank. We’re already approved additional USD 250 mln which is going to be executed between now and 3Q. This is really important to demonstrate customers that we’re there, - stated Mr. Vivaldi. - We start to see some increasing in deposits. It’s exactly the good sign that we want to receive back from the customer base".
He also underlined that in this moment UniCredit Bank concentrated to run ordinary business operations, especially in trade finance, work with companies-exporters etc.
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 287 branches. Bank staff consists of the best specialists at the country’s market and totals 6 101 employees.
UniCredit is a leading European commercial bank with an international network spanning 50 markets, with more than 7,500 branches and over 129,000 employees. The Group operates in 17 European countries.
Financial indicators of UniCredit Bank
(as of 01.01.2015):
- Assets — UAH 48.258 bn;
- Loan portfolio — UAH 32.49 bn;
- Corporate clients’ funds — UAH 10.19 bn;
- Retail clients’ funds — UAH 12.31 bn;
- Capital — UAH 6.24 bn.
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