The First Ukrainian International Bank or FUIB (Ukrainian: Перший Український Міжнародний Банк) is one of the leading Ukrainian banks, largely owned by the oligarch Rinat Akhmetov associated SCM Holdings. It was founded in 1991 and has its main office in Kyiv, Ukraine. As of January 1, 2018, the bank serves 1.2 million private and more than 40,000 corporate clients. The First Ukrainian International Bank was founded on 20 November 1991, registered with the National Bank of Ukraine on 23 December 1991. In April 1992 the Bank started its banking operations. In 1995 the Bank began its cooperation with the European Bank for Reconstruction and Development (the “EBRD”) and in 1996 - with Deutsche Investitions-und Entwicklungsgesellschaft MbH (“DEG”). In 1999 each of DEG, the EBRD and International Finance Corporation (“IFC”), became shareholders with 10% holding. In 2000 Fortis Bank became a shareholder as legal successor of Bank Mees & Hope N.V. The bank was also the first Ukrainian bank to institute IFRS financial reporting (in 1991) and one of the first to obtain a credit rating from an international credit rating agency (Fitch in 1998). More information...
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