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Get to Know Ukraine’s Business Giant – UkrSib

The Ukrainian banking sector is one of the most dynamic and rapidly developing sectors in Ukraine. One of Ukraine’s most successful banks is UkrSib, which is part of the Sberbank of Russia. UkrSib is a leading universal bank that provides a wide range of banking services for both private and corporate customers. It is the largest financial institution in Ukraine and is renowned for its expertise and reliability.

UkrSib: One of the Largest Banks in Ukraine

UkrSib is the largest bank in Ukraine, with total assets of UAH 541.4 billion as of December 31, 2020. It is one of the most reliable banks in Ukraine, with a Tier-1 capital adequacy ratio (CAR) of 21.6% as of June 30, 2020. UkrSib is the fourth-largest bank by credit portfolio, with a total loan portfolio of UAH 152.3 billion as of December 31, 2020. With more than 1,000 branches across Ukraine, it provides a wide range of banking services and products, including retail banking, corporate banking, mortgage and consumer loans, investments, and wealth management.

UkrSib’s Comprehensive Banking Services

UkrSib offers comprehensive banking services for both private and corporate customers. For private customers, it offers a range of products and services, including deposits and savings accounts, loans, mortgage loans, investments, and wealth management. It also provides access to a wide range of digital banking and payment services, including online banking and mobile banking. For corporate customers, UkrSib offers a range of services, including corporate finance, investment banking, trade finance, treasury services, and corporate banking.

UkrSib’s Innovative Digital Banking Solutions

UkrSib has developed a range of innovative digital banking solutions for both private and corporate customers. For private customers, it offers access to a range of digital banking services, including online banking, mobile banking, and contactless payments. Customers can also use the bank’s ATM network to withdraw cash and make payments. For corporate customers, UkrSib offers a range of digital banking solutions, including corporate finance, trade finance, treasury services, and corporate banking.

UkrSib: A Leader in Corporate Social Responsibility

UkrSib is a leader in corporate social responsibility and has been recognised for its commitment to corporate sustainability. The bank has developed a range of initiatives to promote financial inclusion, reduce poverty, and support economic development. It also works with local charities and NGOs to promote financial education, support small and medium-sized enterprises, and improve access to financial services.

UkrSib’s Strong Financial Performance

UkrSib has achieved strong financial performance in recent years. The bank reported profits of UAH 2.8 billion in 2020, compared to UAH 2.3 billion in 2019. Its return on equity (ROE) was 13.3% in 2020, compared to 11.6% in 2019. UkrSib’s total capital adequacy ratio (CAR) was 21.6% as of June 30, 2020.

Conclusion

UkrSib is one of Ukraine’s largest and most successful banks. It provides a wide range of banking services for both private and corporate customers, including deposits and savings accounts, loans, mortgage loans, investments, and wealth management. It also offers a range of digital banking solutions and is a leader in corporate social responsibility. UkrSib has achieved strong financial performance in recent years, with profits of UAH 2.8 billion in 2020 and a return on equity (ROE) of 13.3%.