UkrSibbank, a unit of BNP Paribas, has confirmed that it has “no
plans at all” to withdraw from its retail banking activity in
Ukraine, contrary to press reports.

UkrSibbank has said in a statement that it has no intention of
changing its strategy, which continues to be based on “developing
bank services to individual customers, with a special focus on
deposits and consumer loans”.

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For corporate clients, UkrSibbank’s strategy focuses on
internationally active companies.

UkrSibbank has mentioned in the statement that it has “active
support of its shareholders”.

The statement further mentions that “BNP Paribas’ experience in
retail banking throughout the world demonstrates that improving the
branch network and investing into improvement of client service is
the crucial milestone on the path of development.”

According to the statement, UkrSibbank is “constantly aiming to
improve the quality of service to its clients in particular by
relocating branches to more convenient premises”.

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