OREANDA-NEWS. Forbes Ukraine magazine published ranking of the most efficient Ukrainian banks in 2012

First Ukrainian International Bank (FUIB) took the10th rank at the 20 most efficient banks rating by Forbes Ukraine magazine. The large and largest banks in Ukraine according to NBU classification were included in the research. The four parameters were evaluated on the basis of banks’ financial statements for three quarters of 2012: return on assets (net income / total assets), return on equity (net profit / equity), efficiency ratio (operating expenses / operating income), net interest margin (net interest income / assets that generate income) and the level of risk.

The magazine notes that efficient banks are more viable and resistant to shocks, they have more chances to survive in the crisis, and clients have more reasons to trust them.

Read more about the ranking in the Forbes Ukraine magazine (February 2012).

FIRST UKRAINIAN INTERNATIONAL BANK (FUIB) is in the group of the Ukraine’s largest banks. It is a universal bank, especially active in commercial, retail, and investment banking operations. The Bank was founded in 1991. The major shareholder is “SCM” Finance LLC (92.24%), part of SCM Group. The FUIB’s regional network consists of about 160 outlets all over Ukraine. FUIB is a member of “Radius” ATM Network uniting over 2000 ATMs of partner banks all over Ukraine.

In 2010 FUIB was included as No 905 in the rankings of one thousand largest banks in the world compiled by The Banker magazine. In 2012 the Bank was named leader in “Best Banking Groups” rankings by World Finance financial magazine (UK). The Bank is among the leaders in informational transparency by Ukrainian banks according to findings of the surveys held by Standard & Poor’s (2010) and Credit-Rating (2011) agencies with support from Financial Initiatives Agency and the Financial Sector Development Project (FINREP) of the USAID. The FUIB’s current ratings are available at the Bank’s site in “Ratings” section.