In 2011 Oschadbank actively continued to attract the population's savings on the deposit accounts. Thanks to this activity the Bank managed to strengthen competitiveness and substantially improve its position in the rating of the largest banks in the country.
Thus, in terms of volume of individuals term deposits portfolio in spring of 2011 Oschadbank rose from fourth position to the second and continues to maintain it confidently. In Oschadbank the increase in individuals term deposits amounted to over 5 billion UAH for the year. Accordingly the portfolio of individuals term deposits increased by 48% and as at 01.01.2012 made 15.4 billion UAH.
Among the Regional Departments of Oschadbank the most funds on term deposits in 2011 were raised by the Main Kyiv City and Kyiv Region Administration - more than 1.2 billion UAH (24.6%), Donetsk Department - 454 million UAH (9.1%), Crimean Republican Department - 333 million UAH (6.7%), Luhansk Department - 320 million UAH (6.4%) and Kharkiv Department - 214 million UAH (4.3%).
The deposit range of Oschadbank consists of six deposits that are targeted at people with different income and different possibilities of savings management. The terms of all these deposits are flexible, transparent and accessible. Oschadbank offers to place deposits in national currency, euro, US dollars and Russian rubles for a term of 1 to 36 months with replenishment.
Anton Tiutiun, Deputy Chairman of the Management Board of Oschadbank, believes that the image of Oschadbank as a stable and reliable banking institution that values its reputation deep-rooted tightly in the minds of depositors. "During a 20-year history of its existence in independent Ukraine Oschadbank always fulfilled its obligations to depositors. Besides the attractive deposit offers, one of the key factors affecting the growth of household deposits in Oschadbank, is the fact that we are the only bank in Ukraine, where the state guarantees to depositors the return of the entire deposit amount. In 2012 we are planning to increase the effectiveness of our work with the aim to strengthen the confidence of our customers to the bank "- said Anton Tobacco.
Public Joint Stock Company “State Savings Bank of Ukraine” – one of the largest financial institutions of the Ukrainian state with the most extended branch network. This is the only Bank in Ukraine where the state guarantee covers in full the individuals deposits and other values trusted to the Bank.
License of the National Bank of Ukraine № 148 of 05.10.2011 р. for the right to perform banking operations. Official web-site - http://www.oschadnybank.com.The bank’s main indicators as of 01.12.2011 р.: equity capital - 17,6 billion UAH ; credit portfolio – 65,1 billion UAH ; financial result – 492,5 million UAH .