NABU and FUIB Summarise 2012 Performance Results

First Ukrainian International Bank (FUIB) as the active participant and cofounder of the Independent Association of Ukrainian Banks (NABU) has taken part in the General Meeting of the member banks of the Association held on 7 February. The NABU efficiently holds the dialogue with public authorities and protects the interests of its members. FUIB is represented and actively works in the following committees of the Association: the committee on regulatory policy and supervision, the committee on banking infrastructure and payment systems, the committee on money and credit policy and foreign exchange regulation, the committee on taxation and accounting, the committee on protection of rights of creditors. At the General Meeting the performance results of the Association for the year ended were summed up, the action plan for 2013 was presented.

The Board members of the Association awarded the banks recognised as the best in various business activities. FUIB won recognition from colleagues in “innovativeness” category.

Also, the General Meeting of the NABU expressed their gratitude to Artur Zagorodnikov, Deputy Chairman of the Management Board of FUIB, as the Chairman of the NABU’s Committee on Regulatory Policy and Supervision for significant contribution to development of the Ukraine’s banking system and efficient protection of interests of banks, presenting him with the special award from the Board Chairman of the NABU and acknowledgement from the Governor of the National Bank of Ukraine.

“The 2012 performance results confirmed that the NABU is the constructive and efficient platform for a dialogue between the banking community and regulatory authorities, first and foremost with the National Bank of Ukraine. Thanks to joint efforts we managed to settle a number of issues of importance for the banking sector. So far the number of the NABU member banks has been growing consistently, and I am confident that in the course of time the Association will turn into the leading organisation consolidating the best practices of all banks in Ukraine,” says Artur Zagorodnikov, Deputy Chairman of the Management Board of FUIB and Chairman of the NABU’s Committee on Regulatory Policy and Supervision.