History of the USB's

History of the USB'sGeneral. Joint-Stock Commercial Bank for Social Development "Ukrsotsbank" - one of the largest system of universal banks in Ukraine, whose net assets as of October 1, 2008 exceeded 38.753 billion UAH. Founded in September 1990. Since the end of 2007, is part of the international group "UniCredit Group".The Bank offers a full range of modern financial and payment instruments for corporate and private clients.Network includes more than 500 institutions, of which - 27 regional branches and about 500 offices. United ATM network "Ukrsotsbank" and partner banks - more than 6 thousand ATMs (the largest in Ukraine). Staff - more than 10 thousand people.President - Boris Tymonkin.Financial performance. As of October 1, 2008:- Net assets - 38.753 billion UAH.;- Loan portfolio - 32.584 billion UAH.;- Funds of legal entities deposited on thrift and current accounts - 7.633 milliard.;- Retail deposits at thrift and current accounts - 7.681 milliard.;- Share capital - 3.699 milliard.;- Net profit - 502 mln.Specialized areas. One of those - investment and construction program. As part of its implementation "Ukrsotsbank" finances the activities of construction companies, which are either not liquid collateral for a loan, or want to diversify risks, and provides support for real estate development. Specialized investment and construction management company that "Ukrsots-estate" is attracting investors by selling them bonds targeted developers, and sends them to finance the construction of social and commercial facilities. The program has also operated company "Ukrsotsstroy" which monitors the quality and timing of construction works, and directly in the structure of the bank - Management of construction financing.Another specialized direction - asset management, financial consulting, administration of private pension funds (NPF). To this end, in 2004, created by LLC "AMC" Ukrsots Capital ", which provides the administrator the six pension funds, managing assets of the four pension funds and two mutual funds. Activity" Ukrsots Capital "includes about 9 thousand participants across Ukraine.On the "UniCredit Group". As of the year 2008: Total Assets - 1059 billion euros, employees - 180 thousand, customers - more than 40 million, the office - more than 10 thousand, banking - in 22 countries and an international network of groups - more than 50 countries."UniCredit" - one of the top ten financial institutions in Europe by market capitalization, total assets and total profits. Ninth largest banking group in the world. A leader in the North of Italy, Germany and Austria, is increasing its presence in Central and Eastern Europe (Ukraine, but "Ukrsotsbank", also presented "UniCredit Bank"). An important member of the world's capital markets.taken from http://file.liga.net