On March 25, 2019, the Rating Agency «Standard-Rating» (Ukraine) summed up its twenty-fourth «Banking Deposit Reliability (Attractiveness) Rating».
The results of 2018 for the banking system of Ukraine became a period of significant growth. The total volume of profit of banks after taxation for 2018 amounted to almost UAH 21.725 billion, the volume of net interest income exceeded UAH 73.1 billion, and net commission income — UAH 37.81 billion. Of the 60 banks that participated in the rating, 29 showed a decrease in NPL (bad loans), only 7 banks showed a loss, and not a single one of the 60 banks had negative net interest income. Banks with 100% foreign capital, which continue to dissolve reserves and increase operational profitability, began to show especially good results.
The nineteenth position in the rating of the most reliable banks was taken by the Commercial Industrial Bank. According to NBU data, JSC «CIB» ended 2018 with a profit of UAH 11,312 thousand, ensuring a growth of net interest income by 72%. Also for 2018, the bank ensured a growth of equity by 7%.
«The Commercial Industrial Bank is actively developing, investing in technological innovations, developing remote channels of customer service. Last year the Bank launched a new internet banking for individuals «CIB-online». This was the first release of the system; work on expanding the «CIB-online» online services is actively being conducted. This year we will offer even more additional advantages, among which are new types of payments and more», - commented Chairwoman of the Management Board Tetiana Putintseva.
About the bank:
Joint-Stock Company «Commercial Industrial Bank» — a universal bank that provides services to corporate clients and private individuals for more than 25 years (registered by the NBU on December 3, 1993).
The sole shareholder of the bank is the foreign investor Stefan Paul Pinter. Mr. Stefan Paul Pinter — the founder and executive director of GML Capital LLP (www.gmlcapital.net), a private investment-banking and management company headquartered in London, United Kingdom.
Long-term credit rating of Joint-Stock Company «Commercial Industrial Bank» on the national scale at the level of uaAA. A bank or a separate debt instrument with a rating of uaAA is characterized by very high creditworthiness compared to other Ukrainian borrowers or debt instruments.
Based on the results of the X All-Ukrainian competition «Bank of the Year-2018», organized by the international financial club «Banker», Joint-Stock Company «Commercial Industrial Bank» won in the nomination «THE MOST RELIABLE AND STABLE BANK».
Based on the results of the competitive selection of banks for the determination of authorized banks through which the payment of pensions, monetary aid, and wages to employees of budgetary institutions should be carried out, Joint-Stock Company "Commercial Industrial Bank" became one of the authorized banks for the payment of pensions, monetary aid, and wages to employees of budgetary institutions.
The Bank carries out its activities on the territory of Ukraine on the basis of the charter and banking license No. 186 dated November 11, 2011 and general license to conduct currency operations No. 186-2 dated May 21, 2012.
According to the license of the National Commission on Securities and the Stock Market, series AE No. 263254 dated 03.09.2013, the bank carries out professional activity on the stock market — depository activity of a depository institution.
The Bank is a participant of:
The Independent Association of Banks of Ukraine (NABU); the «Stock Partnership» Association; the Professional Association of Registrars and Depositories; the Ukrainian Credit-Banking Union (UCBS); an affiliated member of the International payment system MasterCard Worldwide; an associate member of the International payment system Visa International; the Bank has the status of a participant of the Individuals' Deposit Guarantee Fund (certificate dated 06.11.2012 No. 106).
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