PrivatBank

PrivatBank
Company typePublic joint-stock company
IndustryBanking, investment
Founded1992
Headquarters,
Key people
Hanna Samarina[1]
ServicesFinancial services
RevenueIncrease 18.910 billion (2013)[2]
Increase1.307 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 bank in Ukraine by assets. It was formed on 19 March 1992 and has been owned by the Government of Ukraine since 2016. In early 2024, it was confirmed by the National Bank of Ukraine as one of the country's systemically important banks.[4]

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 operates several payment services including Privat24 and LiqPay.

It is notable for being the first bank to introduce digital banking services to Ukraine. PrivatBank was the first in Ukraine to connect Google Pay and Apple Pay payment services.

According to the British magazine The Banker, in 2016 PrivatBank ranked 16th among the largest banks in Central and Eastern Europe and 627th among the top 1000 global banks.[5]

  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. ^ "NBU Confirms Systemic Importance of 15 Banks". National Bank of Ukraine. 5 March 2024.
  5. ^ "On December 18th, 2016 a new history of PrivatBank began". en.privatbank.ua. Retrieved 11 January 2024.