In the last year, PrivatBank drew 1.5 million new customers, making for a total of 22 million

In the last year, PrivatBank drew 1.5 million new customers, making for a total of 22 million, Petr Krumhanzl, board chair of PrivatBank, told NV Business. In a nation of 40 million people, PrivatBank is the nation’s largest bank and third-largest taxpayer, he said. In the first nine months of 2019, the bank recorded $1.1 billion in profit, 60% of the profits of Ukraine’s entire banking system, said Krumhanzl, a Czech. Kolomoisky’s lawyers seek to persuade Ukrainian judges that he should be compensated for the nationalization of the bank in Dec. 2016.