JSC "BANK SICH" (Ukraine)

JSC "BANK SICH"

Address

Ukraine

BIC

SICHUAUK

Overview

Business Focus

universal banking

Established in 2011, BANK SICH operates as a universal bank serving individuals, entrepreneurs and companies in Ukraine. BANK SICH also offers its services to individuals and legal entities, non-residents of Ukraine.

Performance

In 2021, JSC "BANK SICH" achieved the position of 28th largest bank in Ukraine with a market share of 0.26%; its total assets grew by 42.97%.

Additionally, the bank became the 57th profitable bank in relation to its total assets showcasing 0.42% return on assets and 10.82% return on equity in 2021.

Deposit Protection

Deposits up to 200,000 UAH are covered by Ukrainian deposit guarantee scheme in JSC "BANK SICH".

Market Share (#28 in Ukraine)

Ratios

RoA

0.42%

RoE

10.82%

Financials

Total Assets (2021)

6,807.81 mln UAH (+42.97%)

Net Income (2021)

24.10 mln UAH (+9.48%)

JSC "BANK SICH" ranks as the 28th largest bank in Ukraine by total assets. In 2021 its total assets were 6,807.81 mln UAH, representing a 0.26% market share. In 2021 the bank's net income was 24.10 mln UAH.

Deposit Guarantee

Protected Amount

up to 200,000 UAH

Guarantee Fund

Deposit Guarantee Fund (DGF)

Covered Accounts

any credit balance

Eligible Depositors

individuals

JSC "BANK SICH" protects deposits up to up to 200,000 UAH per depositor through Ukraine's deposit guarantee scheme. The scheme applies to any credit balance made by individuals. The bank participates in the Deposit Guarantee Fund (DGF), making regular contributions into it.