News in March 2007

March 30

By the end of 2007 Ukrsotsbank to install over 1500 POS-terminals

According to the research by the “Prostobank Consulting” company Ukrsotsbank entered TOP-3 in providing the most advantageous mortgage loans in hryvnya

Borys Tymonkin, the Chairman of Ukrsotsbank’s Board, opines that no considerable decrease of loan interest rates should be expected in the nearest future

By the end of 2007 Ukrsotsbank to increase its loan portfolio by 1.6 times

March 28

By the end of the year Ukrsotsbank to expand its ATM network up to 900 units

According to IC Elvisti, in February 2007 Ukrsotsbank acknowledged as the bank most frequently mentioned in electronic media

Borys Tymonkin, the Chairman of Ukrsotsbank’s Board, considers statements about political affairs menacing hryvnya exchange rate to be unreasonable

Ukrsotsbank defined the priorities of its market strategy for 2007

March 23

Valentyna Zhukovska, the First Deputy Chairwoman of Ukrsotsbank’s Board, considers using bills in accounts to be interesting primarily to companies lacking turnover means

By the end of January-February Ukrsotsbank entered TOP-3 of the banks most active in crediting individuals

In January-February Ukrsotsbank was placed second among Ukrainian banks as to the assets growth rate

March 22

In 2007 Ukrsotsbank has been issuing some 3,500 bank cards of international payment systems

Ukrsotsbank’s loan portfolio for individuals increased by 10% from the beginning of the year

March 21

After two months of 2007 Ukrsotsbank preserved and by some parameters even increased its share on the domestic market of bank services

Ukrsotsbank enlarged the range of services with bills for corporate clients

Borys Tymonkin, the Chairman of Ukrsotsbank’s Board, considers revaluation of hryvnya’s exchange rate to be “a one-way road”

March 16

Ukrsotsbank’s mortgage loan portfolio for individuals exceeded UAH 5 billion

Borys Tymonkin, the Chairman of Ukrsotsbank’s Board, believes that long-term mortgage loans do not carry any currency risks and cannot lead to hryvnya’s fall in exchange

In January-February Ukrsotsbank’s net profit made UAH 34 million

Ukrsotsbank acknowledged as the bank with the best conditions of issuing and servicing bank cards

March 15

Ukrsotsbank acknowledged as the most loyal Ukrainian bank towards individual clients

Ukrsotsbank’s loan portfolio for individuals reached UAH 7.5 billion

Borys Tymonkin, the Chairman of Ukrsotsbank’s Board, predicts the growth of the retail banking business at about 80% level in 2007 

Borys Tymonkin, the Chairman of Ukrsotsbank’s Board, doubts that toughening of obligatory reservation on currency liabilities will necessarily result in the resources cost growth for borrowers

Borys Tymonkin, the Chairman of Ukrsotsbank’s Board, considers it to be a discriminating step when banks wishing to borrow and give loans in foreign currency are disturbed

March 13

In 2007 Ukrsotsbank to open some 80 self-service zones

March 12

In 2007 Ukrsotsbank to open 95 new branches

March 7

The joint ATM network of Ukrsotsbank and its partner-banks made up to 2,157 cash machines

March 6

Ukrsotsbank summarized its output for January-February 2007

March 5

By the end of 2006 Ukrsotsbank held the third place among the leaders of the underwriting market

March 1

Borys Tymonkin, the Chairman of Ukrsotsbank’s Board, was awarded an honorary certificate from InvestGazeta’s rating “TOP-100. Best top-managers of Ukraine” as bank’s best top-manager

In 2007 Ukrsotsbank to attract some USD 2 billion from external markets