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PrivatBank information


PrivatBank
Company typePublic joint-stock company
IndustryBanking, investment
Founded1992
Headquarters
Dnipro
,
Ukraine
Key people
Hanna Samarina[1]
ServicesFinancial services
RevenueIncrease₴ 18.910 billion (2013)[2]
Net income
Increase₴1.307 billion (2013)[2]
OwnerGovernment of Ukraine[3]
Number of employees
30,000
SubsidiariesAS PrivatBank (Latvia)
AS PrivatBank (Portugal)
AS PrivatBank (Italia)
PrivatBank IBU (Cyprus)
Websiteprivatbank.ua
PrivatBank branch in Lviv, 2015

PrivatBank (Ukrainian: ПриватБанк) is the largest Ukrainian bank in terms of assets and the leader of Ukrainian retail banking market. It was registered on 19 March 1992. PrivatBank was one of the first to introduce modern digital banking and unique technological solutions in Ukraine, allowing customers to use the bank`s services online in the Privat24 app.

PrivatBank has the second-largest network of branches and the largest network of ATMs and terminals among Ukrainian banks. As of July 2022, more than 7,000 ATMs, 11,000 payment terminals and more than 250,000 POS terminals are operating in the network. The national banking service network of PrivatBank includes approximately 1,200 branches. PrivatBank is the largest issuer and acquirer of electronic payment means in Ukraine. The Bank owns PrivatMoney (money transfer system), Privat24 and LiqPay (most popular payment services in Ukraine).

PrivatBank was the first in Ukraine to connect Google Pay and Apple Pay payment services.

PrivatBank is one of the systemically important banks in Ukraine. According to the British magazine The Banker, in 2016 "PrivatBank" ranked 16th in the rating of the largest banks in Central and Eastern Europe and 627th in the rating of the top 1000 global banks.[4]

As of 31 December 2021, the final controlling party of the Bank is the State represented by the Cabinet of Ministers of Ukraine.

  1. ^ (in Ukrainian) Headless Privatbank: what threatens a bank without a manager and how to appoint hi Archived 28 April 2021 at the Wayback Machine, Ekonomisha Pravda (28 April 2021)
  2. ^ a b "PrivatBank investor review". PrivatBank. 2014. Archived from the original on 21 March 2017. Retrieved 23 January 2018.
  3. ^ "ПАТ "Приватбанк" переходить у стовідсоткову власність держави" (in Ukrainian). Archived from the original on 19 December 2016. Retrieved 18 December 2016.
  4. ^ "On December 18th, 2016 a new history of PrivatBank began". en.privatbank.ua. Retrieved 11 January 2024.

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