The First Ukrainian International Bank (FUIB) broke into the top five in a ranking compiled by CBonds Financial Information Services and the Ukrainian Fund Traders Association, the bank said on Thursday.
The ranking named the top securities traders that operated in governmental bonds in the stock market in 2014, with FUIB holding a 5.87 percent share of the total bond market. These bonds are sought-after by clients due to potentially high profitability, the bank said. Because the bonds were in foreign currencies, exchange-rate risks were minimized, and they were paid in U.S. dollars.
“FUIB has been holding the position of an active player on the securities market for many years and is a member of leading stock exchanges in Ukraine," FUIB Investment Business Department Head Anton Stadnik said. "Clients trust our experience and professionalism in choosing instruments for investing. For example, within the period of 2013-2014, we built for our clients a diversified portfolio of securities with profitability that significantly exceeded the profitability of deposits."