How does digitalization increase the efficiency and competitiveness of businesses in Ukraine?

Piraeus Bank notes that introducing digital technologies into business processes enables automation, reduces costs, and enhances customer service. In wartime conditions, constant changes in the regulatory environment, along with global competition, mean that digital financial instruments facilitate quick decision-making, lessen dependence on physical infrastructure, and provide ongoing control over finances.

The active implementation of digital services, automation of financial processes, and improved convenience of remote banking for businesses have led to a 27% increase in the number of open corporate accounts, while the share of remote servicing for business clients rose from 78% to 89%.

Recently, Piraeus Bank launched a new online banking platform for businesses in light of the growing needs of Ukrainian enterprises for convenient and secure digital financial tools.

“We created Winbank Business to provide our clients with a powerful platform that will help them effectively optimize financial processes and save time,” noted Mykhailo Serhienko, Director of Product Development and Digital Banking at Piraeus Bank.

The service offers several advantages: access from any device, the ability to create a cloud-based qualified electronic signature online, managing accounts for multiple enterprises through a single interface, a high security level, accounting system integration, and personalization. Future platform updates will include expanded functionalities, adding SWIFT payments, payroll projects, deposits, and lending.