A Ukrainian bank plans to enter the Polish market.

Monobank intends to enter the Polish market under the name Stereo, said the bank’s co-founder Oleg Horohovskyi. Users mention banking among the advantages that Ukrainians have in Ukraine but not in Europe. According to current data, there are three million Ukrainians in Poland. “First, we want to give them a convenient service, which they are used to in Ukraine, and will show them how it should work,” Horokhovskyi said. Undoubtedly, the work of Monobank in Poland will be aimed not only at refugees from Ukraine but also Polish citizens. To open a Stereo account, you must be in Poland and have a PESEL (Poland’s personal identification number). As the bank’s co-founder,  explained, this project envisages convenient money transfers from Poland to Ukraine in addition to the bank’s usual services.