BNP Paribas is a global leader on the financial market, one of the world’s largest financial Groups being present in 84 countries.
BNP Paribas takes the lead among foreign banks present in Ukraine in terms of assets, net profits and market capitalization.
In 2006, BNP Paribas bought 51% of UkrSibbank shares, one of the most dynamically developing universal banks present on the Ukrainian market. In 2009, the stake of the French Group increased to 81.42% and in 2010 to 99.99%. In August 2011, European Bank for Reconstruction and Development (EBRD) completed a deal to buy 15% UkrSibbank’s shares. Thus, the share of BNP Paribas totaled 84.99%. During the period of strategic partnership with BNP Paribas, UkrSibbank has reached an absolutely new service level and opened a new business line. Today it is a universal bank that follows a balanced development strategy in retail and corporate banking.
BNP Paribas is also active in a whole spectrum of international Corporate and Institutional Banking activities, being a key player in commodities trade finance, export finance, fixed income, etc. The local Representative Office in particular coordinates the links with the various business lines teams of CIB worldwide.
In addition, BNP Paribas is offering other kinds of products and services through its subsidiaries in Ukraine: