In 2007, Joint Stock Company "The State Export-Import Bank of Ukraine" will celebrate its 15-th anniversary. The Bank is a contemporary of the banking system of independent Ukraine, it was established by Order of the President of Ukraine No. 29 on January 3, 1992 and obtained its first license from the National Bank of Ukraine on January 22 in the same year.
Today JSC "Ukreximbank" is a joint stock company, 100% shares of which are owned by the state represented by the Cabinet of Ministers of Ukraine. Since its foundation the Bank has always been among the major Ukrainian banks and had the most extensive correspondent network among the Ukrainian banks (over 800 banking institutions worldwide).
JSC "Ukreximbank" develops as a modern European-type bank, primarily focused on servicing foreign trade of the country. Being the only financial agent of the Cabinet of Ministers of Ukraine that has many years' experience, the Bank provides highly skilled monitoring of current domestic and foreign loan agreements covered by sovereign guarantees. It's public role is relevant, the Bank promotes the development of economic potential of Ukraine, competitiveness of the economy, the country's participation in international integration processes.
A successful debut in the international capital market enabled JSC "Ukreximbank" to attract record-breaking (among Ukrainian banks) amounts of credit resources for the Ukrainian economy on the most advantageous terms and to channel the funds for financing of the national producers.
Today Joint Stock Company The State Export-Import Bank of Ukraine (JSC Ukreximbank):
Joint-stock company "The State Export-Import Bank of Ukraine" is the state-owned bank with the Cabinet of Ministers of Ukraine owning 100% of its shares, thus being its sole founder and shareholder.
In treating shareholders' rights and issues of control, transparency and enhanced efficiency, the bank adheres to the corporate governance principles.
Adherence to the above principles enables the bank management, its Supervisory Council and the Cabinet of Ministers of Ukraine to jointly define and tackle the pressing tasks in ensuring dynamic development of the bank as well as in enhancing its significance as one of the key forces supporting foreign trade activities of the Ukrainian industries.
The highest body in the bank management is its Supervisory Council.
The Supervisory Council executes control over activities of the bank and its Board, determines priority areas, strategy and objectives of the bank to protect the interests of the state, as its shareholder, alongside with those of the bank. It also performs other functions compliant with the Law of Ukraine "On Banks and Banking Activity".
Responsibilities of the Supervisory Council are defined in the Statute of the bank.
The Supervisory Council does not interfere with the current operations of the bank.
Organizational structure of the bank is aimed at clear definition and segregation of: