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PrivatBank

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loans and advances to customers in the amount of UAH 155,764 million and converted UAH 10,934 million of customer funds, UAH 10,721 million of issued Eurobonds and UAH 7,783 million of subordinated debt into authorized capital of the Bank (‘bail in’). On December 21, 2016, after the bail in, the Bank's shares were sold for UAH 1 to the
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On December 19-21, 2016, in accordance with the provisions of the Law of Ukraine “On the Deposit Guarantee System”, the DGF dismissed the Bank's Management and Supervisory Board and was solely responsible for managing the Bank's activities during these three days. The DGF recognized the impairment of
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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.
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The launch of the Privat24 project was a significant event in the Ukrainian banking system in 2001. Customers were able to manage their accounts online, make regular payments, transfer funds, etc. In February 2002, PrivatBank emitted its millionth plastic card.
521:. In December 2016, the Ministry of Finance decided to increase the authorized capital of the Bank by UAH 116,800 million and by further UAH 38,565 million in June 2017. Subsequently, the Ukrainian state has owned 100% of the shares of the authorized capital. 601:
The sectoral characteristics of the Bank's customer base show that a large part comprises trade and commercial enterprises. A significant share of corporate customers are enterprises in the food, transport, agricultural, and construction industries.
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2019 was marked in the history of innovations by the updated Privat24. Beyond that, FacePay24 technology – payment by face – became available to bank customers for the first time in Ukraine. The Bank also implemented a number of digital services:
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On 19 March 1992, the Bank was registered by the Stateas a commercial bank in the form of a limited liability company. At the very beginning, PrivatBank had only one office and a few computers. PrivatBank was the first in Ukraine to introduce
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Subsequently, PrivatBank was the first in the world to introduce P2P transfers between cards on the Internet and began mass emission of instant cards. In 2005, the Bank emitted a millionth credit plastic card.
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Below is information on the Bank's equity, assets, and net profit for the past 15 years. More detailed financial indicators of the Bank can be found on the Bank's website in the section About the Bank –
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In 2020, PrivatBank launched the "Money at the cash register" service that allows to receive cash at store cash registers. Besides, the Bank has the first biometric POS terminals in Ukraine.
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In 2016, Visa and PrivatBank announced the launch of the Visa Token Service in Ukraine, which replaces confidential payment card information with a unique digital identifier which is a
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The Bank is a universal Bank that focuses on the retail segment, actively promoting services for small and medium businesses and selectively working in the corporate sector.
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Almost 19 million Ukrainians regularly use the services of PrivatBank, and there are currently 15 million customers of Privat24 digital banking.
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In 2001, PrivatBank launched the Privat24 digital banking system. As of June 2022, more than 15 million people use the Privat24 digital banking system.
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The next two years were favorable for smartphone owners: in 2017, PrivatBank brought Android Pay (now Google Pay) to Ukraine, and in 2018 – Apple Pay.
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In 2008, PrivatBank created the first iPhone application in Eastern Europe – iPay, and in 2010, PrivatBank launched mobile payment terminals.
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system recognized PrivatBank as the best bank in terms of customer service quality. The Bank also obtained the STP Excellence Award from
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Beginning from 2004, PrivatBank has started to make international money transfers to Ukraine using the PrivatMoney payment system.
509:(DGF) appointed a temporary administrator to manage the activities of PJSC CB "PrivatBank" in accordance with the decision of the 364:, in 2016 PrivatBank ranked 16th among the largest banks in Central and Eastern Europe and 627th among the top 1000 global banks. 497:
In June 2018, the Bank changed its organizational and legal form from a public joint-stock company to a joint-stock company.
318:(Ukrainian: ПриватБанк) is the largest bank in Ukraine by assets. It was formed on 19 March 1992 and has been owned by the 442:
established in Ukraine. Decision on PrivatBank establishment was taken at the meeting of its founders on 7 February 1992.
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PrivatBank has the second-largest network of branches and the largest network of ATMs and terminals among
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2012 was the year of the introduction of contactless cash withdrawal via ATMs using a smartphone and a
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In 2009, the Bank changed its organizational and legal form to a public joint-stock company.
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PrivatBank earned a profit of ₴35.050 billion according to the official data of the
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In 2021, the Bank opened the first Concept Store in Ukraine – a fully digital office in
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identity verification and account opening in PrivatBank using digital documents in the
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Headless Privatbank: what threatens a bank without a manager and how to appoint hi
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And in 2015, PrivatBank launched the technology of instant payment via QR code.
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On 6 July 2000, PrivatBank shareholders decided to reorganize the Bank from a
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services to Ukraine. PrivatBank was the first in Ukraine to connect
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payment system. In 1998 the Bank obtained a credit rating from
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ATMs, payment terminals, departments of PrivatBank on the map
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Moreover, government services became available to customers:
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It is notable for being the first bank to introduce
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Unsourced material may be challenged and 138: 129: 664:Learn how and when to remove this message 583:Learn how and when to remove this message 426:Learn how and when to remove this message 109:Learn how and when to remove this message 775:conclusion of gas supply contracts with 675: 302: 1362:Ukrainian companies established in 1992 438:PrivatBank is one of the first private 1334: 605: 642:adding citations to reliable sources 609: 561:adding citations to reliable sources 528: 404:adding citations to reliable sources 371: 47:adding citations to reliable sources 18: 513:to classify the Bank as insolvent. 13: 1221:from the original on 21 March 2017 500: 360:According to the British magazine 14: 1388: 1377:Government-owned banks of Ukraine 1372:Nationalised companies in Ukraine 1305: 698:And in 2002, the Bank introduced 16:Largest Ukrainian commercial bank 1151: 1137: 614: 533: 376: 240: 239: 220: 219: 23: 751:insurance policies in Privat24; 680:Debit card issued by PrivatBank 34:needs additional citations for 1277: 1259: 1243:(in Ukrainian). Archived from 1233: 757:and digital skins in Privat24; 700:electronic document management 519:Ministry of Finance of Ukraine 1: 1172: 861:21,212,000 (as of September) 524: 1215:"PrivatBank investor review" 328:systemically important banks 7: 1130: 684:In 1999, the Bank launched 10: 1393: 505:On December 18, 2016, the 367: 227:18.910 billion (2013) 157:Public joint-stock company 1367:Banks established in 1992 1347:Companies based in Dnipro 832:Total assets, UAH billion 823:Own capital, UAH billion 798:Main financial indicators 470:limited liability company 287: 269: 259: 251: 247:1.307 billion (2013) 231: 215: 205: 195: 177: 169: 161: 153: 137: 128: 1271:National Bank of Ukraine 1167:List of banks in Ukraine 804:National Bank of Ukraine 511:National Bank of Ukraine 326:as one of the country's 324:National Bank of Ukraine 279:AS PrivatBank (Portugal) 842:Net profit, UAH million 283:PrivatBank IBU (Cyprus) 681: 507:Deposit Guarantee Fund 312: 281:AS PrivatBank (Italia) 276:AS PrivatBank (Latvia) 144:Banks, head office in 1193:28 April 2021 at the 779:by means of Privat24; 679: 320:Government of Ukraine 307:PrivatBank branch in 306: 255:Government of Ukraine 1217:. PrivatBank. 2014. 749:automobile liability 638:improve this section 557:improve this section 400:improve this section 43:improve this article 1247:on 19 December 2016 812:Financial reporting 760:PrivatPay is a new 606:Service innovations 474:joint-stock company 261:Number of employees 165:Banking, investment 125: 682: 455:Visa International 357:payment services. 313: 210:Financial services 123: 1199:Ekonomisha Pravda 1128: 1127: 836:(at the year-end) 826:(at the year-end) 674: 673: 666: 593: 592: 585: 436: 435: 428: 301: 300: 119: 118: 111: 93: 1384: 1352:Ukrainian brands 1342:Banks of Ukraine 1328: 1320: 1317: 1316: 1314:Official website 1300: 1299: 1297: 1295: 1289:en.privatbank.ua 1281: 1275: 1274: 1263: 1257: 1256: 1254: 1252: 1237: 1231: 1230: 1228: 1226: 1211: 1202: 1186: 1182: 1161: 1156: 1155: 1154: 1147: 1142: 1141: 1140: 817: 816: 669: 662: 658: 655: 649: 618: 610: 588: 581: 577: 574: 568: 537: 529: 440:commercial banks 431: 424: 420: 417: 411: 380: 372: 297: 294: 243: 242: 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67: 63: 60: –  59: 55: 54:Find sources: 48: 44: 38: 37: 32:This article 30: 26: 21: 20: 1357:Privat Group 1319:(in English) 1292:. Retrieved 1288: 1279: 1270: 1261: 1249:. Retrieved 1245:the original 1235: 1223:. Retrieved 1180: 1159:Banks portal 845: 844: 841: 835: 834: 831: 825: 824: 808: 801: 789: 786:application. 770: 767: 755:digital card 742:POS terminal 734: 731: 724: 721: 714: 711: 708: 704: 697: 694: 683: 660: 651: 636:Please help 624: 600: 597: 594: 579: 570: 555:Please help 543: 515: 504: 496: 493: 482: 478: 472:to a closed 467: 452: 444: 437: 422: 413: 398:Please help 386: 359: 344: 332: 315: 314: 271:Subsidiaries 178:Headquarters 154:Company type 120: 105: 96: 86: 79: 72: 65: 58:"PrivatBank" 53: 41:Please help 36:verification 33: 1251:18 December 900:12,520.000 846:(in a year) 747:compulsory 686:SMS-banking 1336:Categories 1294:11 January 1225:23 January 1173:References 1054:1,534.162 1040:1,291.776 1026:1,050.489 1012:1,370.179 998:1,425.816 984:1,532.760 970:1,873.391 887:32609.000 874:24302.000 525:Operations 463:Fitch IBCA 450:and ATMs. 362:The Banker 351:Google Pay 316:PrivatBank 293:privatbank 234:Net income 197:Key people 124:PrivatBank 69:newspapers 806:in 2021. 625:does not 544:does not 387:does not 355:Apple Pay 1219:Archived 1191:Archived 1131:See also 1124:150.879 1096:164.842 1082:475.654 1068:506.208 1009:113.437 995:145.118 981:172.428 967:214.490 956:749.036 953:204.585 942:216.121 939:264.886 925:220.017 911:259.061 777:Naftogaz 573:May 2024 206:Services 162:Industry 1110:60.549 1093:14.713 1079:22.058 1065:33.777 1051:56.211 1037:80.165 1023:86.066 1020:10.270 1006:11.879 992:16.746 978:18.300 964:20.311 950:22.696 936:27.487 922:12.664 908:25.607 897:256100 884:281637 871:334570 858:376577 764:method. 717:QR code 646:removed 631:sources 565:removed 550:sources 459:Europay 408:removed 393:sources 368:History 288:Website 216:Revenue 189:Ukraine 170:Founded 83:scholar 1121:6.811 1118:0.549 1107:9.842 1104:0.955 1090:1.465 1076:2.272 1062:3.288 1048:5.388 1034:8.195 311:, 2015 265:30,000 183:Dnipro 148:, 2010 146:Dnipro 85:  78:  71:  64:  56:  1115:2002 1101:2003 1087:2004 1073:2005 1059:2006 1045:2007 1031:2008 1017:2009 1003:2010 989:2011 975:2012 961:2013 947:2014 933:2015 919:2016 905:2017 892:2018 879:2019 866:2020 853:2021 820:Year 727:token 252:Owner 90:JSTOR 76:books 1296:2024 1253:2016 1227:2018 792:Kyiv 784:Diia 629:any 627:cite 548:any 546:cite 391:any 389:cite 353:and 309:Lviv 173:1992 62:news 640:by 559:by 402:by 295:.ua 45:by 1338:: 1287:. 1269:. 1206:^ 1197:, 814:. 729:. 719:. 702:. 491:. 465:. 330:. 186:, 1298:. 1255:. 1229:. 744:; 667:) 661:( 656:) 652:( 648:. 634:. 586:) 580:( 575:) 571:( 567:. 553:. 429:) 423:( 418:) 414:( 410:. 396:. 245:₴ 225:₴ 112:) 106:( 101:) 97:( 87:· 80:· 73:· 66:· 39:.

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Dnipro
Dnipro
Ukraine
Financial services

Net income

Subsidiaries
AS PrivatBank (Latvia)
privatbank.ua

Lviv
Government of Ukraine
National Bank of Ukraine
systemically important banks
Ukrainian banks
POS terminals

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