FUIB − 20 years of sustainable growth

In 2012 First Ukrainian International Bank (FUIB) celebrates its 20^th anniversary. Over its two-decade history FUIB has built a sustainable business grounded in professional team, trust of clients and partners, cutting-edge innovative banking technologies, efficient risk management system, transparent and open business processes and customer service excellence.

«FUIB is among the leaders of Ukraine’s banking system from the very start, − said Konstantin Vaysman, chairman of the FUIB’s Management Board. – FUIB was the first bank which started reporting according to international accounting standards; the first to introduce automated banking system and to issue its own payment card. Thanks to support by shareholders, experienced team and customer trust, FUIB is a large and reliable nation-wide bank, the bank of which Ukraine can be proud».

Today FUIB is among Ukraine’s TOP 10 banks by financials. FUIB entered Ukraine’s TOP 10 banks by lending and TOP 5 by currency conversion transactions. FUIB serves over 20 thousand corporate and over 1.5 million individual customers. The Bank’s Processing Centre processes payments by over 1.5 million payment cards held by FUIB’s customers and those of its 34 partner banks.

«The tightly-knit team, customer recognition and investor confidence facilitated FUIB’s sustainable growth over 20 years, − added Ilya Arkhipov, chairman of the FUIB’s Supervisory Board. − Now we are halfway to our goal – FUIB in Ukraine's TOP 5 financial institutions by key financial results. We will continue building a successful Bank – a leading-edge, efficient, modern bank with the best products and services, and excellent performance results».

FUIB continues to raise the transparency of its business, providing a timely disclosure of financial results and reporting on its performance regularly. The Bank issued its Annual report 2011 based on IFRS named «20 Years of Sustainable Growth» which summarizes performance results in 2011 and covers key Bank’s achievements starting from the year of its foundation in 1991.

This year FUIB offers a number of initiatives to strengthen its stakeholder relations and increase the financial literacy of the society. A special page featuring information on the anniversary events is available at FUIB web site, and will provide registration for the upcoming events.