Ukrainian banks continue restructuring, cutting the number of branches last year by 10%.

Ukrainian banks continue restructuring, cutting the number of branches last year by 10%. Of the net loss of 980 branches, most were closed by three banks: Oschadbank — 575 branches; PrivatBank – 222; and Ukrsotsbank — 178. The National Bank of Ukraine lists the three banks, all private, that most increased branches: Alfa-Bank — 65 branches; TASkombank – 32; and Ukrbudinvestbank — 20 branches. The banks with the largest branch networks in Ukraine are: Oschadbank – 2,630; PrivatBank – 2,021; and Raiffeisen Bank Aval — 503.