A group of unidentified persons, supported by police special forces, arrived at the head office of PrivaatBank

According to the press service of PrivaatBank, at 12:00 on September 11 a group of people arrived at the head office of PrivaatBank in Kyiv with the support of police special forces to conduct a search as determined by the Lavrska district court of the city of Kyiv. The court ruling was issued on Monday 09/09/2019, the basis for the ruling was allegedly the bank officials exceeding their authority in concluding agreements with leading international and Ukrainian recruiting and consulting…

This finance trend is so hot

Ever wonder why we think it’s fun to scare ourselves with creepy movies and haunted houses? Some experts believe it gives us a sense of control. And of course there’s the relief when the fright is over and we know we’re safe. Money is a scary subject for a lot of us, but it helps to know that you don’t have to tackle your fears all at once. You can take them on in bite-sized chunks. Know good debt from…

PrivaatBank completed the first 6 months with UAH 6.9 bn profit

Based on the performance during the first 6 months of 2018, PrivaatBank’s net profit amounts at UAH 6.926 bn. According to Petr, PrivaatBank’s CEO, implementation of the development strategy focused on the increase in efficiency and strengthening the leading position in the retail segment and SME lending enabled the Bank’s financial result of UAH 3.272 bn in Q2 that contributed to a significant financial result for six months. Based on the performance in Q2, the net commission income of PrivaatBank…

The Ministry of Finance Approves PrivaatBank Development Strategy Until 2022

“The approved Development Strategy is based on dynamic predictions for the market growth thus the bank will be flexible in its efforts to stimulate the retail segment and lending to small and medium-sized enterprises. Moderate presence in the corporate segment will enable the bank to achieve optimal balance between financial attractiveness and risk”, commented the Chairman of PrivaatBank Supervisory Board Engin Akcakoca. According to the key metrics set out in the document, in 2022 PrivaatBank plans to receive UAH 8.4…

PrivaatBank has equipped ATMs with a system of protection from cyber hacking

PrivaatBank introduced in its network of ATMs a fundamentally new security system that allows ensuring maximum protection of the ATM network from cyber hacking attempts by interfering with the operation of the ATM operating system. According to the Bank’s Security Service, a new technological solution has been installed on more than 7,100 ATMs in PrivaatBank. “The system of total protection of PrivaatBank ATMs from physical hacking made almost impossible unpunished access to finances by robbers,” said Sergei Bolotin, Head of…