OREANDA-NEWS. August 20, 2007. Ukrsotsbank is going to develop dynamically SME crediting, reported the press-centre of Ukrsotsbank.

“It goes without saying that this segment has more risks and losses than the work with big companies but rates are also higher, — Borys Tymonkin says. -  We separated this business and eased credit procedure. As late as a year ago the procedure of granting loan to corporation or small enterprise was the same. It was inconvenient for both the bank (we had to do great job while granting small sum of money) and a client for whom it was difficult to draw all the necessary documents. We will continue to develop convenient products for SME with the help of eased crediting procedures”.

Note.
JSCB “Ukrsotsbank” was established in September 1990. At present, it is among the largest banks in Ukraine. The branch network of the Bank comprises 490 offices – 463 off-balance offices and 27 regional branches. The number of employees exceeds 10 000.