PrivatBankUkraine

Friday, July 15

PrivatBank’s profits for the first half of the year decreased by almost 50%.

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...

Tuesday, January 18

PrivatBank reduced the POS-terminals fee to 1.8%.

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...

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, August 16

Over the next three years, PrivatBank, Ukraine’s largest and most profitable bank, plans to cut its branches by 14%, to 1,250, and its staff by 28%, to 15,500 , reports the Finance Ministry, the overseer of the state-owned bank. The goal is to create a ‘good bank’ and a ‘bad bank.’ The ‘good bank,’ largely free of non performing loans from the Kolomoisky er...

PrivatBank earned $435 million in net profit during the first half of this year, making it Ukraine’s most profitable bank , reports the National Bank of Ukraine. The next most profitable banks were: Raiffeisen Bank – $86 million; Sberbank – $79 million; FUIB – $74 million; and Universal Bank – $60...

Wednesday, June 9

The National Bank of Ukraine yesterday approved Gerhard Bösch to be Chairman of state-owned PrivatBank . Bösch, an Austrian financier, comes to the helm of Ukraine’s biggest and most profitable bank after 15 years at Raiffeisen Bank Aval, the Ukrainian unit of the Austrian bank. During his three-year t...

Follow us