Browsing Tag:Innovation

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…