Statement of the Chairmen of the Management and Supervisory Boards

First Ukrainian International Bank (FUIB) remained one of the most profitable, financially sustainable and efficient banks in the Ukrainian banking industry in 2012. We celebrated two decades of successful work with our customers that are the cornerstone of our success.

Moreover, we strengthened our position among the ten largest banks in Ukraine and we also revised our five-year development strategy with an even stronger focus on high-quality growth.

Operational efficiency and customer service quality are central to what we do at the Bank as our team works in all segments of banking.

We continue to develop a comprehensive range of products and services for companies and individuals. For us, it is all about offering the pathways to innovations via new channels, products and formats that our clients need and want – and will appreciate.

Ilya Arkhipov, Chairman of the Supervisory Board of FUIB, and Sergey Chernenko, Chairman of the Management Board of FUIB

Financial Performance

Our financial performance results for 2012 were consistently strong. The Bank earned USD 86 m profit before provisions, 13% up over the previous year. We increased provisions for the loan portfolio in line with a possibility for a less favorable economic situation in the coming year. Making these projections and the appropriate preparations for them, FUIB net profit was USD 34.7 m. FUIB team worked hard to assure that the Bank’s portfolio quality and level of provisioning remain among the best in the country, while the loans/deposits ratio stands at 98.7%, which is unique in Ukraine’s banking industry.

The Bank’s record high growth in retail deposits and the increase in corporate portfolio – which outperformed the dynamics of the rest of the Ukrainian banking system – shows that FUIB is the preferred bank for an increasing number of corporate and retail customers.

We continuously study customer needs as we concentrate on using our new cutting-edge banking platform to enable our highly professional banking team to improve customer service quality, launch new products quickly and provide the most valuable and efficient solutions to every client of the Bank.

Acknowledgement of achievements and appreciation of FUIB’s annual results by the customers, shareholders, business community and the public inspire the team as we work hard to further develop our Bank to be as flexible, modern and client-centric as is possible.

On behalf of Ukraine’s best banking team, we take great pleasure in sharing our joint accomplishments with our stakeholders in this online Annual Report.

Sergey Chernenko, Chairman of the Management Board of FUIB and Ilya Arkhipov, Chairman of the Supervisory Board of FUIB

The Bank’s ROE and ROA before provisions of 2.6% and 14.1% remain among the best in the Ukraine’s banking system.