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PrivatBank

PrivatBank
Company namePrivatBank
Company typePublic Joint-Stock Company
SloganPrivatBank Your point of support!
Industrybanking, investment
Founded1992
HeadquartersDnipropetrovsk
Key peopleOleksandr Dubilet (Chairman of the Board), Henadiy Boholubov, Ihor Kolomoyskyi
ServicesFinancial services
Revenue(+) UAH 20 billion
Net incomeUAH 1.370 billion (for 2010)
Total equityUAH 11.880 billion (01 January 2011)
Owner(s)Henadiy Boholubov, Ihor Kolomoyskyi
Employeesover 30 000
ParentPrivat Group
SubsidiaryMoskomPrivatBank (Russian Federation)
AS PrivatBank (Latvia)
TaoPrivatBank (Georgia)
AS PrivatBank (Portugal)
PrivatBank Cyprus IBO

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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.


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