PrivatBank

Tuesday, July 19

In May, Ukrainian banks earned UAH 6.1B. The main share of profit, 78% or UAH 4.8B, was earned by the state-owned Privatbank, reported opendatabot. Ukrgasbank also made a small profit of UAH 400M. On the other hand, other state-owned banks c...

Friday, July 15

PrivatBank’s profits for the first half of the year decreased by almost 50%. In January-June 2022, PrivatBank earned UAH 6.3B in profit, compared to UAH 11.6B for the same period last year, as reported by the bank. It is noted that during the war, the amount of uncollected in...

Thursday, May 12

Card terminals usage shows that the Ukrainian economy is gradually returning to work. The number of non-cash payment terminals owned by PrivatBank increased by 42% in two weeks, with small businesses resuming card payments more actively, reported epravda.com. Thus, with the beginning ...

Tuesday, May 3

The Payoneer payment platform has been integrated into Privat24. As a result, users will be able to link their accounts and withdraw funds to bank cards. The state-owned PrivatBank and the Payoneer payment system have launched integration into the Privat24 mobile ...

Wednesday, April 20

PrivatBank has agreed with Ria Money on direct transfers from abroad to Ukrainian cards. PrivatBank and Ria Money Transfer have expanded the possibilities of sending direct transfers from abroad to Ukrainian cards. The card transfer service between all Ria partner banks in Ukraine has be...

Monday, April 18

PrivatBank allocates UAH 2B for small business lending. The bank has opened the acceptance of applications for financing micro / small businesses that are exporters or work in critical areas for the state in halting Russian aggression and overcoming its co...

Wednesday, February 16

Ukrainian banks have calmly met the outflow of deposits, reported Forbes.ua. Due to the deterioration of the information environment in January, there was a moderate outflow of deposits, up to 5% of the total, out of which one-third can be explained by seas...

Tuesday, January 18

PrivatBank reduced the POS-terminals fee to 1.8%. From January 15, the state-owned PrivatBank has set a single basic fee for business customers for acquiring services at outlets (acceptance of payments by bank cards) of 1.8%. According to the press s...

Wednesday, December 29

The net profit of Ukrainian banks has grown by 50%. During the first ten months of 2021, the net profit of the banking sector reached UAH 58.4 bln ($2.15 bln). This is almost 50% more than in the corresponding period of 2020. Privately held bank FUIB e...

Monday, December 20

PrivatBank will be privatized by 2024. “If the Ukrainian government makes a final decision on the privatization, the bank can be sold in 2024 for an enormous sum”, said the Chairman of PrivatBank’s Board, Gerhard Boesch. “Regarding t...

Wednesday, December 15

Privatbank has launched a point-of-sale app for smartphones. In partnership with Visa, Privatbank announced the launch of the “Terminal” solution based on Tap to Phone – a technology that turns smartphones or tablets into a full-fledged POS te...

Monday, December 13

PrivatBank and IntelExpress launch direct international money transfers to Ukraine. PrivatBank customers will be able to receive IntelExpress money transfers in euros or dollars to their account or card without visiting the bank or using remote self-service channels. Starting today, ...

Monday, December 6

PrivatBank and Oschadbank to approve plans for their privatization. The two state-owned banks must adopt “roadmaps” for partial or full privatization in cooperation with the Ministry of Finance. To reduce the state’s share in banks to 25%, PrivatBank...

Thursday, October 21

PrivatBank’s profit exceeded UAH 21 bln ($766 mln) in the first nine months of 2021. ” The amount was almost equal to the amount of profit for the same period last year (UAH 21.3 billion). The revival of business activity in Ukraine and a balanced risk management policy led to a...

Monday, April 19

PrivatBank, Ukraine’s largest bank, will put up for sale ‘soon,’ announced Kyrylo Shevchenko, the Governor of the National Bank of Ukraine, (GlobalCapital). “The privatization of PrivatBank, which owns 20% of the Ukrainian banking market, will be of interest to the...

Wednesday, February 24

EU rail gauge EU rail gauge: Preliminary work on restoring a 20 km section of EU narrow track to connect Uzhhorod with Chop, the Ukrainian border town with rail ties to Hungary and Slovakia. By rebuilding this Haps...

Electrification: Electrification: The European Investment Bank has promised to finance the electrification of tracks to Lysychansk and Severnodonetsk, Kava said. This would almost cut in half – to eight hours — ...

River locks River locks: The European Investment Bank and the Infrastructure Ministry are preparing an agreement to rebuild the locks on the six dams of the Dnipro cascade. “This year is a preparatory year for us...

The Finance Ministry depressed yields on five out of six bonds sold yesterday at auction The Finance Ministry depressed yields on five out of six bonds sold yesterday at auction, the Ministry reports on Facebook. For the hryvnia bonds, yields ranged from 9.2% for 3-month bonds to 12.05% f...

“Given still light positioning, there is a potential for ongoing massive foreign inflows into UAH bonds,” “Given still light positioning, there is a potential for ongoing massive foreign inflows into UAH bonds,” ICU predicted yesterday in a 20-page report on the government hryvnia bond market, “UAH bonds ...

The Prosecutor General’s Office yesterday charged Oleksandr Dubilet, former CEO of PrivatBank, with forgery and embezzlement of the equivalent of $5 million The Prosecutor General’s Office yesterday charged Oleksandr Dubilet, former CEO of PrivatBank, with forgery and embezzlement of the equivalent of $5 million on the day before the bank was declared ins...

In the embezzlement case, prosecutors charged two other former executives of PrivatBank. In the embezzlement case, prosecutors charged two other former executives of PrivatBank. After it was declared insolvent, the bank was bailed out with $5 billion in public money. One of the former exe...

Kolomoisky and his business partner Gennadiy Bogolyubov were not charged in the embezzlement case. Kolomoisky and his business partner Gennadiy Bogolyubov were not charged in the embezzlement case. But they are under investigation in the United States for allegedly laundering money from Ukraine to ...

PrivatBank, Ukraine’s largest and most profitable bank, is moving aggressively into the cashless economy. PrivatBank, Ukraine’s largest and most profitable bank, is moving aggressively into the cashless economy. Last month, despite almost three weeks of lockdown, Ukrainians made 137 million cashless payme...

With the support of a €200 million soft loan from the European Investment Bank, 29 cities across Ukraine will receive almost 1,000 mass transit vehicles With the support of a €200 million soft loan from the European Investment Bank, 29 cities across Ukraine will receive almost 1,000 mass transit vehicles – buses, trolley buses and trams, Infrastructur...

The EBRD will loan Kyiv €50 million to buy new subway cars The EBRD will loan Kyiv €50 million to buy new subway cars, Mark Magaletsky, deputy head of the bank’s Ukraine office, said yesterday. Mayor Klitschko said the City Council has voted to provide local ...

More than a shopping list, the Forum provided a to do list for infrastructure projects committed for this year. More than a shopping list, the Forum provided a to do list for infrastructure projects committed for this year. Here are highlights. Roads will follow tomorrow.

Railroad stations Railroad stations concessions to private operators. First in line are: Kyiv-Passenger and Vinnytsia. Next in line are: Dnipro-Main, Kharkiv-Passenger, Mykolaiv, Chop and Khmelnitsky. Minister Krikliy ...

Seaport concessions: Seaport concessions: Chornomorsk ferry, Chornomorsk container; Odesa passenger; Berdyansk, Izmail and Mariupol. Last year’s concessions to private foreign investors of parts of Kherson and Olvia, in M...

Ski resorts: Ski resorts: Construction starts this year on two resorts in the Carpathians – Borzhava in Zakarpattia, and Slavske in Lviv. Austrian investors interested in Borzhava.

High speed rail High speed rail: China, Italy, South Korea and Turkey are interested in building a fast train network across Ukraine. “The only tool for building high-speed train networks is a concession – to r...