As Ukraine’s banks moved to remote work and on line services last year, they permanently closed 11% of their branches,

As Ukraine’s banks moved to remote work and on line services last year, they permanently closed 11% of their branches, reports the National Bank of Ukraine. Oschadbank, owner of the largest branch network in Ukraine, closed the most branches – 490, or 56% of total closings. The other leaders were: PrivatBank – 211 branches closed; Raiffeisen Bank Aval – 100 closed; Alfa-Bank – 39 closed; and TAScombank and Sberbank – 16 closings each.

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