OREANDA-NEWS. January 22, 2009.  “UkrSibbank” finds that the application of the insurance company “Generali Garant Insurance” to Antimonopoly Committee of Ukraine with the purpose of it taking measures to the Bank for its not accepting insurance policies of the abovementioned insurance company at car insurance is groundless, reported the press-centre of UkrSibbank.

In 2008 “UkrSibbank” as one of the largest banks of Ukraine was audited by Antimonopoly Committee of Ukraine, including as for its cooperation with insurance companies. There were no violations detected.

Clients preserve their right to choose the insurance company on their own. Nevertheless, “UkrSibbank” defends the interests of its clients in the conditions of unstable economic environment and recommends the borrower a reliable and financially stable insurance company at the origination of loan. The Bank also informs the client on the condition of the insurance market. Such information is especially topical and important for clients in the present day environment to have influenced the Ukrainian insurance market considerably.

Since the very launch of the car loans in 2004 “UkrSibbank” promotes fruitful and efficient cooperation with the leading insurance companies of Ukraine, including “Generali Garant Insurance”.

The Bank remains open and ready to take up cooperation with any insurance company being able to confirm its reliability and financial stability, including “Generali Garant”.