Privatbank
Encyclopedia
PrivatBank is the largest commercial bank
in Ukraine
, in terms of the number of clients, assets value, loan portfolio and taxes paid to the national budget. Unlike most other large Ukrainian banks, PrivatBank is not based in Kiev
, the capital city, but is headquartered in Dnipropetrovsk
, a smaller city in central Ukraine. PrivatBank is the only Ukrainian bank with 100% Ukrainian capital.
More than 30 thousand people are employed with the bank system. By the results of banking market survey, conducted by GFK Ukraine, PrivatBank services are used by one out of three Ukrainian banks clients (33.2%), and one out of four (24.9%) uses a wide range of services and considers PrivatBank as his/her main bank.
By the 1 February 2011, PrivatBank provides services to 2.4 million retired persons in Ukraine, 3.4 million people get their salary using PrivatBank cards, 1 million students receive their educational allowances through PrivatBank. The bank's infrastructure in Ukraine includes 6′975 ATMs, 2′228 payment terminals, 35′486 POS-terminals, 3′303 branches and offices in cities and districts of the country. On the average, each day 1.5 million people use PrivatBank services.
The bank's primary owners include Ukrainian oligarchs, Ihor Kolomoyskyi
and Hennadiy Boholubov, with the bank being at the financial and management core of their Privat business group
.
was one of the founders and the first Chairman of the Board.
At the very beginning PrivatBank had just one office and several computers. It was the first in Ukraine who introduce plastic cards and ATMs. PrivatBank was also the first financial organization in Ukraine to get international rating.
In 1996 it became a full member of VISA
International payment system and commenced the large-scale plastic card emission.
In 1997 PrivatBank became the first Ukrainian bank to obtain rating statement from Thomson BankWatch International Rating Agency, and become a full member of Europay payment system
.
In 1998 the bank obtained its rating statement from Fitch IBCA International Rating Agency. In November 1998 the bank won a tender and was selected as a servicing bank authorized to perform in Ukraine the payments of the Swiss Holocaust Memorial Fund.
In 1999 PrivatBank opened its International Banking Unit in Cyprus. PrivatBank branch in Nicosia
was the first Ukrainian bank branch established abroad.
In 2000 the bank was included in the group of banks authorized to pay compensations to Ukrainian citizens suffered from Nazi pursuit during the Second World War. In 2000 the PrivatBank’s form of ownership changed – on 6 July PrivatBank members decided on the bank’s reorganization from Limited Liability Company
to Closed Joint-Stock Company. Thereupon, on 4 September 2000 the first Articles of Association of the Closed Joint-Stock Company Commercial Bank “PrivatBank” were registered.
A significant event in the Ukrainian banking system was the start-up in 2001 of “Privat24” project, provided a number of customers with an opportunity to manage their accounts online in real time, perform regular payments, transfer funds, etc.
In February 2002 PrivatBank emitted its millionth plastic card. In April 2002 PrivatBank representative was selected to VISA CEMEA (Central Europe, Middle East, Eastern Europe, and Africa) Board of Directors.
In 2003, PrivatBank was named the best service quality bank by its Western Union
clients. The same year the bank received STP Excellence Award from Deutsche Bank, confirming its professionalism in international payments.
PrivatBank was the first Ukrainian bank to place Eurobond
s in the amount of USD 100 mln at the European market. Besides, PrivatBank was the first in Ukraine to obtain Standard&Poor’s “B-” rating. International rating agency Fitch
assigned the final long-term “B-” rating to Eurobonds of PrivatBank.
By the decision of shareholders’ at the meeting on 30 April 2009 the bank’s activity was brought into compliance with the Law of Ukraine “On Joint-Stock Companies”: relevant alterations were introduced in the bank’s Articles of Association, and the joint-stock company’s type was changed from Closed to Public. Also the bank’s name was changed to Public Joint-Stock Company Commercial Bank “PrivatBank”. These changes became effective on 21 July 2009 (license of the National Bank of Ukraine
No. 22 dated 29 July 2009).
In 2010 PrivatBank increased its net profit by 30% - to UAH 1.370 billion comparing to 2009. The bank’s assets over the above period grew by 32% and on 1 January 2011 made up UAH 113.437 billion, customers’ loans and receivables increased by 36% to UAH 101.855 billion, liabilities – by 34% to UAH 101.557 billion, authorized capital – by 13% to UAH 8.860 billion, and owners’ equity – by 16% to UAH 11.880 billion.
of PJSC CB “PrivatBank” were equally distributed among 21 individuals (99.794% of the total number of shares) and 5 legal entities (0.206%). Thereat over 98% of shares are owned by the two shareholders: Hennadiy Boholubov (23 773,384 shares or 49.027% of the total number) and Ihor Kolomoyskyi
(23 834,849 shares or 49.154%).
, Google Docs and Google Wave
and their own exclusive developments, for example, electronic document management system “PrivatDoc”.
PrivatBank was the first bank in Ukraine to offer to its customers a simple internet-banking. On 20 January 2011 “Privat24” internet-bank included 773′890 users.
Other today widely used bank′s technologies are
: Victory Day” project veterans from many cities and countries were able to find their friends and talk to them. The project was nominated to the European Excellence Awards 2010. In 2010 PrivatBank established a separate charity project “To help is easy!” designed to collect donations for orphanages.
The bank provides its ATM infrastructure for fee-free fundraising for charity funds.
In January 2011 PrivatBank within 24 hours arranged fee-free fundraising campaign to aid Domodedovo
explosion victims (Moscow, Russian Federation). Only in Ukraine over UAH 105 thousand was raised.
In October 2010 it aided to families of those who died in the road accident in Marganets (Dnepropetrovsk Region, Ukraine)
; UAH 101 thousand raised),
In March 2010 it supported sufferers from the explosion in Moscow Subway (UAH 11 thousand)
In June-July 2008 the company helped sufferers from the flood in Eastern Ukraine (UAH 530 thousand).
In 2011 PrivatBank plans to launch a new social project “PrivatBank against drugs”.
1999-2002 — Euromoney magazine recognized PrivatBank was the best bank in Ukraine at home market (Awards for Excellence rating).
1999 — Global Finance magazine named PrivatBank the best Ukrainian bank at emerging markets.
1999, 2003-2004 — The Best Bank of Ukraine at the World’s Bank Best Awards.
2000, 2002 and 2020 — The Banker
named PrivatBank The best bank of Ukraine (Bank of the year rating).
2001-2009 – eight years in a row Global magazine acknowledged PrivatBank the best bank in the World’s Best Foreign Exchange rating.
2003 – PrivatBank is the best Ukrainian World’s Best Bank 2003 (Global Finance rating).
2004 – PrivatBank is named The Best Bank of 2004 (global rating of FOREX market operators by Global Finance magazine).
2005 – Best Emerging Market Banks rating named PrivatBank The Best Bank of Ukraine.
2007 – MoneyGram
Payment Systems, Inc. (USA) awarded PrivatBank the Certificate Excellence for the fastest network development.
2009 — Best Local Bank in Ukraine, EMEA Finance magazine named PrivatBank the best bank of Ukraine in the Best Local Bank 2009 rating.
2010 — by results of the year The Banker
magazine acknowledged Electronic Change technology of PrivatBank the best in the nomination Best Innovation in Cash and Treasury Technology in Innovation in Banking Technology Awards rating.
2010 — PrivatBank confirmed its status of the absolute leader at Ukrainian banking system in the level of customer trust within the global project The World’s Most Reputable Companies.
, http://www.privatbank.pt/AS PrivatBank (Portugal
)] and TaoPrivatBank (Georgia
). Besides, PrivatBank has its branches and representative offices in 12 countries of the world, including Italy
, Cyprus
, Great Britain
and China
.
On 16 August 2007, the name of PrivatBank's Latvian subsidiary
, AS Banka Paritāte, was officially changed to AS PrivatBank as part of a strategy to strengthen the banking group's regional brand recognition.
Commercial bank
After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate ownership under U.S...
in Ukraine
Ukraine
Ukraine is a country in Eastern Europe. It has an area of 603,628 km², making it the second largest contiguous country on the European continent, after Russia...
, in terms of the number of clients, assets value, loan portfolio and taxes paid to the national budget. Unlike most other large Ukrainian banks, PrivatBank is not based in Kiev
Kiev
Kiev or Kyiv is the capital and the largest city of Ukraine, located in the north central part of the country on the Dnieper River. The population as of the 2001 census was 2,611,300. However, higher numbers have been cited in the press....
, the capital city, but is headquartered in Dnipropetrovsk
Dnipropetrovsk
Dnipropetrovsk or Dnepropetrovsk formerly Yekaterinoslav is Ukraine's third largest city with one million inhabitants. It is located southeast of Ukraine's capital Kiev on the Dnieper River, in the south-central region of the country...
, a smaller city in central Ukraine. PrivatBank is the only Ukrainian bank with 100% Ukrainian capital.
More than 30 thousand people are employed with the bank system. By the results of banking market survey, conducted by GFK Ukraine, PrivatBank services are used by one out of three Ukrainian banks clients (33.2%), and one out of four (24.9%) uses a wide range of services and considers PrivatBank as his/her main bank.
By the 1 February 2011, PrivatBank provides services to 2.4 million retired persons in Ukraine, 3.4 million people get their salary using PrivatBank cards, 1 million students receive their educational allowances through PrivatBank. The bank's infrastructure in Ukraine includes 6′975 ATMs, 2′228 payment terminals, 35′486 POS-terminals, 3′303 branches and offices in cities and districts of the country. On the average, each day 1.5 million people use PrivatBank services.
The bank's primary owners include Ukrainian oligarchs, Ihor Kolomoyskyi
Ihor Kolomoyskyi
Ihor Valeriyovych Kolomoyskyi , known commonly as Igor Kolomoisky is an Ukrainian business oligarch, he has Israeli and Ukrainian citizenship although dual citizenship is prohibited in Ukraine. Kolomoyskyi is the leading partner of the Privat Group and former chairman of FC Dnipro Dnipropetrovsk....
and Hennadiy Boholubov, with the bank being at the financial and management core of their Privat business group
Privat Group
The Privat Group, or PrivatBank Group is a international business group, based in Ukraine and grouped around the Privatbank. Privat Group controls dozens of companies of virtually every industry in Ukraine, Ghana, Russia, Romania, United States and other countries. Steel, oil&gas, chemical, energy...
.
History
PrivatBank is one of the first private commercial banks, established in Ukraine. Decision on PrivatBank establishment was taken at the meeting of its founders on 07 February 1992. On 19 March 1992 the bank already passed its state registration. by Serhiy TihipkoSerhiy Tihipko
Serhiy Leonidovych Tihipko , or Sergey Leonidovich Tigipko in the Russian transliteration is a Ukrainian politician and finance specialist who has been Vice Prime Minister of Ukraine since 2010. Tihipko was Minister of Economics in 2000 and subsequently served as Chairman of the National Bank of...
was one of the founders and the first Chairman of the Board.
At the very beginning PrivatBank had just one office and several computers. It was the first in Ukraine who introduce plastic cards and ATMs. PrivatBank was also the first financial organization in Ukraine to get international rating.
In 1996 it became a full member of VISA
Visa
Visa or VISA may refer to:* Visa , a document issued by a country's government allowing the holder to enter or to leave that country...
International payment system and commenced the large-scale plastic card emission.
In 1997 PrivatBank became the first Ukrainian bank to obtain rating statement from Thomson BankWatch International Rating Agency, and become a full member of Europay payment system
Europay International
Europay International was the name of the entity created by the merger of Eurocard International, and Eurocheque International. The merged entity was headquartered in Waterloo, Belgium, on the same premises as EPSS and MasterCard EMEA .Europay International was the owner of the...
.
In 1998 the bank obtained its rating statement from Fitch IBCA International Rating Agency. In November 1998 the bank won a tender and was selected as a servicing bank authorized to perform in Ukraine the payments of the Swiss Holocaust Memorial Fund.
In 1999 PrivatBank opened its International Banking Unit in Cyprus. PrivatBank branch in Nicosia
Nicosia
Nicosia from , known locally as Lefkosia , is the capital and largest city in Cyprus, as well as its main business center. Nicosia is the only divided capital in the world, with the southern and the northern portions divided by a Green Line...
was the first Ukrainian bank branch established abroad.
In 2000 the bank was included in the group of banks authorized to pay compensations to Ukrainian citizens suffered from Nazi pursuit during the Second World War. In 2000 the PrivatBank’s form of ownership changed – on 6 July PrivatBank members decided on the bank’s reorganization from Limited Liability Company
Limited liability company
A limited liability company is a flexible form of enterprise that blends elements of partnership and corporate structures. It is a legal form of company that provides limited liability to its owners in the vast majority of United States jurisdictions...
to Closed Joint-Stock Company. Thereupon, on 4 September 2000 the first Articles of Association of the Closed Joint-Stock Company Commercial Bank “PrivatBank” were registered.
A significant event in the Ukrainian banking system was the start-up in 2001 of “Privat24” project, provided a number of customers with an opportunity to manage their accounts online in real time, perform regular payments, transfer funds, etc.
In February 2002 PrivatBank emitted its millionth plastic card. In April 2002 PrivatBank representative was selected to VISA CEMEA (Central Europe, Middle East, Eastern Europe, and Africa) Board of Directors.
In 2003, PrivatBank was named the best service quality bank by its Western Union
Western Union
The Western Union Company is a financial services and communications company based in the United States. Its North American headquarters is in Englewood, Colorado. Up until 2006, Western Union was the best-known U.S...
clients. The same year the bank received STP Excellence Award from Deutsche Bank, confirming its professionalism in international payments.
PrivatBank was the first Ukrainian bank to place Eurobond
Eurobond
A Eurobond is an international bond that is denominated in a currency not native to the country where it is issued. It can be categorised according to the currency in which it is issued. London is one of the centers of the Eurobond market, but Eurobonds may be traded throughout the world - for...
s in the amount of USD 100 mln at the European market. Besides, PrivatBank was the first in Ukraine to obtain Standard&Poor’s “B-” rating. International rating agency Fitch
Fitch Ratings
The Fitch Group is a majority-owned subsidiary of FIMALAC, headquartered in Paris. Fitch Ratings, Fitch Solutions and Algorithmics, are part of the Fitch Group....
assigned the final long-term “B-” rating to Eurobonds of PrivatBank.
By the decision of shareholders’ at the meeting on 30 April 2009 the bank’s activity was brought into compliance with the Law of Ukraine “On Joint-Stock Companies”: relevant alterations were introduced in the bank’s Articles of Association, and the joint-stock company’s type was changed from Closed to Public. Also the bank’s name was changed to Public Joint-Stock Company Commercial Bank “PrivatBank”. These changes became effective on 21 July 2009 (license of the National Bank of Ukraine
National Bank of Ukraine
National Bank of Ukraine is the central bank of Ukraine. Its headquarters building, constructed between 1902 and 1934, is located at no. 9 Institutska St., in Kiev-History:...
No. 22 dated 29 July 2009).
In 2010 PrivatBank increased its net profit by 30% - to UAH 1.370 billion comparing to 2009. The bank’s assets over the above period grew by 32% and on 1 January 2011 made up UAH 113.437 billion, customers’ loans and receivables increased by 36% to UAH 101.855 billion, liabilities – by 34% to UAH 101.557 billion, authorized capital – by 13% to UAH 8.860 billion, and owners’ equity – by 16% to UAH 11.880 billion.
PrivatBank Top-Management
- Oleksandr Dubilet – Chairman of the Board of PrivatBank (holds the position since 1997)
- Yuriy Pikush – General Deputy Chairman of the Board of PrivatBank (since 2004)
- Nikolay Davydov – First Deputy Chairman of the Board – Chairman of the Board of MoskomPrivatBank
- Mykyta Volkov – First Deputy Chairman of the Board – Head of “Information Technologies” Manager (since 2004)
- Tymur Novikov – First Deputy Chairman of the Board (since 2004)
- Volodymyr Yatsenko - First Deputy Chairman of the Board – Head of General-System Business of Corporate Customers (since 2004)
- Oleksandr Vitiaz – Deputy Chairman of the Board of PrivatBank – Head of Electronic Business Center (since 2002)
- Oleg Gorokhovskyi – Deputy Chairman of the Board – Head of “Credit cards” Area (since 2004)
- Tetiana Gurieva – Deputy Chairman of the Board – Head of Customer Service Business (since 2000)
- Volodymyr Zavorotnyi – Deputy Chairman of the Board – Director of Kiev Head Regional Directorate (since 1997)
- Yuriy Kandaurov – Deputy Chairman of the Board – Head of Individual Customer Service Business (since 2002)
- Stanislav Kryzhanovskyi – Deputy Chairman of the Board – Head of “Security Service” Area (since 2009)
- Liubov Chmona – Deputy Chairman of the Board – Head of Industrial and VIP-Customers Budgeting Business (since 2002)
- Liudmyla Shmalchenko – Deputy Chairman of the Board – Head of the Treasury (since 2005)
PrivatBank Supervisory Board
- Hennadiy Boholubov — Chairman of Supervisory Board
- Ihor KolomoyskyiIhor KolomoyskyiIhor Valeriyovych Kolomoyskyi , known commonly as Igor Kolomoisky is an Ukrainian business oligarch, he has Israeli and Ukrainian citizenship although dual citizenship is prohibited in Ukraine. Kolomoyskyi is the leading partner of the Privat Group and former chairman of FC Dnipro Dnipropetrovsk....
— Member of Supervisory Board - Oleksiy Martynov — Member of Supervisory Board
PrivatBank Shareholders
SharesShare (finance)
A joint stock company divides its capital into units of equal denomination. Each unit is called a share. These units are offered for sale to raise capital. This is termed as issuing shares. A person who buys share/shares of the company is called a shareholder, and by acquiring share or shares in...
of PJSC CB “PrivatBank” were equally distributed among 21 individuals (99.794% of the total number of shares) and 5 legal entities (0.206%). Thereat over 98% of shares are owned by the two shareholders: Hennadiy Boholubov (23 773,384 shares or 49.027% of the total number) and Ihor Kolomoyskyi
Ihor Kolomoyskyi
Ihor Valeriyovych Kolomoyskyi , known commonly as Igor Kolomoisky is an Ukrainian business oligarch, he has Israeli and Ukrainian citizenship although dual citizenship is prohibited in Ukraine. Kolomoyskyi is the leading partner of the Privat Group and former chairman of FC Dnipro Dnipropetrovsk....
(23 834,849 shares or 49.154%).
Innovations
Innovative technologies in everyday PrivatBank operations help to maintain its leading position at the Ukrainian financial market. PrivatBank employees utilize both commonly used technologies such as SkypeSkype
Skype is a software application that allows users to make voice and video calls and chat over the Internet. Calls to other users within the Skype service are free, while calls to both traditional landline telephones and mobile phones can be made for a fee using a debit-based user account system...
, Google Docs and Google Wave
Google Wave
Apache Wave is a software framework for real-time collaborative editing online. Google Inc. originally developed it as Google Wave.It was announced at the Google I/O conference on May 27, 2009....
and their own exclusive developments, for example, electronic document management system “PrivatDoc”.
PrivatBank was the first bank in Ukraine to offer to its customers a simple internet-banking. On 20 January 2011 “Privat24” internet-bank included 773′890 users.
Other today widely used bank′s technologies are
- Mobilebanking System that allows a customer manage his/her bank card accounts and make payments through a mobile phone by SMSSMSSMS is a form of text messaging communication on phones and mobile phones. The terms SMS or sms may also refer to:- Computer hardware :...
with the code to the bank server - LiqPAY — payment platform, designed by PrivatBank specialists, combining Visa Money Transfer technology and advantages of Internet and mobile channels
- 3-D Secure Technology launched by the bank in 2010 provides protection against fraud
- Electronic “Coin-Free” change technology allows transferring change to a customer not in coins, but in the form of electronic money to its mobile phone account or in the form of electronic voucher.
Social Projects
In 2008 JuniorBank was formed, where children and teenagers learn finance. In 2010, within the project “Create with pleasure!”, exhibition galleries with creative works of retirees were arranged in the bank departments. With the help of “SkypeSkype
Skype is a software application that allows users to make voice and video calls and chat over the Internet. Calls to other users within the Skype service are free, while calls to both traditional landline telephones and mobile phones can be made for a fee using a debit-based user account system...
: Victory Day” project veterans from many cities and countries were able to find their friends and talk to them. The project was nominated to the European Excellence Awards 2010. In 2010 PrivatBank established a separate charity project “To help is easy!” designed to collect donations for orphanages.
The bank provides its ATM infrastructure for fee-free fundraising for charity funds.
In January 2011 PrivatBank within 24 hours arranged fee-free fundraising campaign to aid Domodedovo
Domodedovo International Airport
Moscow Domodedovo Airport or Domodedovo International Airport is an international airport located in Domodedovsky District, Moscow Oblast, Russia, south-southeast of the centre of Moscow...
explosion victims (Moscow, Russian Federation). Only in Ukraine over UAH 105 thousand was raised.
In October 2010 it aided to families of those who died in the road accident in Marganets (Dnepropetrovsk Region, Ukraine)
Marhanets train and bus collision
The Marhanets train accident occurred on 12 October 2010, at Marhanets, Dnipropetrovsk Oblast, Ukraine when a train collided with a passenger bus on a railroad level crossing. Forty-three people were reported dead and nine injured. The bus driver, whose actions allegedly caused the collision, was...
; UAH 101 thousand raised),
In March 2010 it supported sufferers from the explosion in Moscow Subway (UAH 11 thousand)
In June-July 2008 the company helped sufferers from the flood in Eastern Ukraine (UAH 530 thousand).
In 2011 PrivatBank plans to launch a new social project “PrivatBank against drugs”.
Awards
According to the bank itself, it has since received several international banking awards.1999-2002 — Euromoney magazine recognized PrivatBank was the best bank in Ukraine at home market (Awards for Excellence rating).
1999 — Global Finance magazine named PrivatBank the best Ukrainian bank at emerging markets.
1999, 2003-2004 — The Best Bank of Ukraine at the World’s Bank Best Awards.
2000, 2002 and 2020 — The Banker
The Banker
The Banker is an English-language monthly international financial affairs publication owned by The Financial Times Ltd. and edited in London...
named PrivatBank The best bank of Ukraine (Bank of the year rating).
2001-2009 – eight years in a row Global magazine acknowledged PrivatBank the best bank in the World’s Best Foreign Exchange rating.
2003 – PrivatBank is the best Ukrainian World’s Best Bank 2003 (Global Finance rating).
2004 – PrivatBank is named The Best Bank of 2004 (global rating of FOREX market operators by Global Finance magazine).
2005 – Best Emerging Market Banks rating named PrivatBank The Best Bank of Ukraine.
2007 – MoneyGram
MoneyGram
MoneyGram International, Inc. is a US-based, Global Money transfer company, headquartered in Dallas, Texas. It has Global Operations Centers in Saint Louis Park, Minnesota and Brooklyn Center, Minnesota, Global Call Center Operations in Denver, Colorado and regional and local offices around the...
Payment Systems, Inc. (USA) awarded PrivatBank the Certificate Excellence for the fastest network development.
2009 — Best Local Bank in Ukraine, EMEA Finance magazine named PrivatBank the best bank of Ukraine in the Best Local Bank 2009 rating.
2010 — by results of the year The Banker
The Banker
The Banker is an English-language monthly international financial affairs publication owned by The Financial Times Ltd. and edited in London...
magazine acknowledged Electronic Change technology of PrivatBank the best in the nomination Best Innovation in Cash and Treasury Technology in Innovation in Banking Technology Awards rating.
2010 — PrivatBank confirmed its status of the absolute leader at Ukrainian banking system in the level of customer trust within the global project The World’s Most Reputable Companies.
International presence
International PrivatBank network comprises such bank partners as MoscomPrivatBank (Russian Federation), AS PrivatBank (Latvia)PrivatBank (Latvia)
AS PrivatBank is a subsidiary at the Ukrainian privately-held banking company PrivatBank. Prior to 16 August 2007 the bank was known as AS Banka Paritāte....
, http://www.privatbank.pt/AS PrivatBank (Portugal
Portugal
Portugal , officially the Portuguese Republic is a country situated in southwestern Europe on the Iberian Peninsula. Portugal is the westernmost country of Europe, and is bordered by the Atlantic Ocean to the West and South and by Spain to the North and East. The Atlantic archipelagos of the...
)] and TaoPrivatBank (Georgia
Georgia (country)
Georgia is a sovereign state in the Caucasus region of Eurasia. Located at the crossroads of Western Asia and Eastern Europe, it is bounded to the west by the Black Sea, to the north by Russia, to the southwest by Turkey, to the south by Armenia, and to the southeast by Azerbaijan. The capital of...
). Besides, PrivatBank has its branches and representative offices in 12 countries of the world, including Italy
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...
, Cyprus
Cyprus
Cyprus , officially the Republic of Cyprus , is a Eurasian island country, member of the European Union, in the Eastern Mediterranean, east of Greece, south of Turkey, west of Syria and north of Egypt. It is the third largest island in the Mediterranean Sea.The earliest known human activity on the...
, Great Britain
Great Britain
Great Britain or Britain is an island situated to the northwest of Continental Europe. It is the ninth largest island in the world, and the largest European island, as well as the largest of the British Isles...
and China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
.
On 16 August 2007, the name of PrivatBank's Latvian subsidiary
PrivatBank (Latvia)
AS PrivatBank is a subsidiary at the Ukrainian privately-held banking company PrivatBank. Prior to 16 August 2007 the bank was known as AS Banka Paritāte....
, AS Banka Paritāte, was officially changed to AS PrivatBank as part of a strategy to strengthen the banking group's regional brand recognition.
External links
- Official website (in English)
- PR website with non-NPOV information about PrivatBank (in Russian)
- PrivatBank on the map: ATMs, payment terminals, departments, points of sale, connected to Bonus+ program of PrivatBank on the map (in Russian)
- Kartus by PrivatBank on the map — application for iPhone and iPod Touch which helps promptly find any PrivatBank unit
- Social network of PrivatBank agents
- Official website of Bonus+ program
- Fitch Affirms Ukraine's Privatbank at Long-term 'B', Individual 'D'