PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: UkrGasBank

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

UkrGasBank Ranks 1st in Terms of Transparency - UkrGasBank is ranked 1st with a score of 71.2% by Financial Initiatives Agency and Standard & Poor’s Governance Service
UkrGasBank Ranks 1st in Terms of Transparency

 

NewswireToday - /newswire/ - Kiev, Ukraine, 2008/11/19 - UkrGasBank is ranked 1st with a score of 71.2% by Financial Initiatives Agency and Standard & Poor’s Governance Service.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Financial Initiatives Agency and Standard & Poor’s Governance Services announced the results of its transparency and disclosure survey of the 30 largest Ukrainian banks in 2008.

UkrGasBank is ranked 1st with a score of 71.2%

Analysts point out that UkrGasBank is the first Ukrainian bank in the history of such surveys to exceed 70%. This outcome is in line with analogous metrics of the leading financial institutions across the globe.

Sergei Krisevich, corporate secretary of UkrGasBank, notes that «UGB keeps on improving its policy of openness and transparency. Being open and see-through is one of the key pillars of corporate governance, highlighted by the Bank. At the same time, UkrGasBank does not aim at any rankings, albeit is pleased to receive such a recognition. I am confident that Bank’s openness is a pledge for the trust shown both from investors and customers. We will certainly continue our efforts in this respect».

About UkrGasBank

UkrGasBank was established in 1993. Legal form: Open Joint Stock Bank
Top 20 Ukrainian bank Total assets – USD2 613m, shareholders’ equity – USD245m as of 1 July 2008
Universal bank of a national scale with 15 years experience in the Ukrainian market
Strong focus on SME’s and retail banking
Transparency and public information policy
Corporate governance meeting international standards and world’s best practices
Accounts audited by Deloitte & Touche under IFRS since 1997
Heavy emphasis on enhanced risk management policies
Nationwide network represented by over 355 points of sale for over 18,000 corporate and 600,000 retail clients as of 1 July 2008
Principal member of MasterCard (2000), VISA (2002) and UkrCard (2002)

International and local ratings:
Fitch: Long-term IDR 'B-', Short-term IDR 'B',
National Long-term 'BBB-' (ukr), Stable
Moody’s: B2/Not prime foreign currency deposit, E+ FSR, ‘A2.ua/-‘NSR bank deposits - domestic currency, Stable

International track record:
December 2006 - $16m debut syndicated loan
June 2007 - $46m syndicated loan
December 2007 - $20m syndicated loan
August 2008 - $23m syndicated loan

Participation in international projects:
2004 - The EC TACIS programme Banking sector reform in Ukraine
2005 - The USAID Programme on Development of Mortgage Loans in Ukraine
2006 - The IFC project Corporate Governance in the Ukrainian Banking Sector
2007 - The World Bank Export Development Project-2

An active player in card, securities, bank metals market, documentary business and project finance.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: UkrGasBank

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


UkrGasBank Ranks 1st in Terms of Transparency

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Evgeny Molchansky 
+380 44 5941153 emolchansky[.]ukrgasbank.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any UkrGasBank securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From UkrGasBank / Company Profile


Read Financial/Legal/Venture Most Recent Related Newswires:

Infinera to Participate in Upcoming Investor Conference
Propel Financial Services Partners with Clear Payment Solutions
Digital Payments Power Growth in Booming Asia-Pacific Financial Technology Landscape Notes Frost & Sullivan
Digital Readiness Key to Growth Opportunities in the Financial Services Market
Prairie Capital Advisors Announces The Sale of Cornerstone Treatment Facilities Network to An ESOP
Koch Agrees to Invest Over $2 Billion in Infor
FTI Consulting Recognized as a Top Service Provider in the Legal Industry
GE Completes Spin Off and Demerger of Bank BPH Core Bank to Alior Bank
ALM Expands Senior Leadership Team, Organization Focused on Customers and Transformation
Lazard Acquires Remaining 50% Stake in MBA Lazard - Fully Integrating its Latin American Operations
Western Union Business Solutions Announce Mark Davis As Head of Australia and New Zealand
Tabarak Investment Capital and Elite Capital & Co. Limited in Discussion to Finance Projects
Consulting Magazine Unveils the Profession’s Fastest Growing Firms At Inaugural Gala
Hills Invest Signs An Agreement with The Afore Profuturo in Mexico
TRA Searches for TPA Acquisition Opportunities

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)