Head of the Supervisory Board of PrivatBank announced the reduction network and the state of

Network and the state nationalized PrivatBank will be reduced in the course of reforming the structure of financial institutions.

In an interview with FinClub said the head of the Supervisory Board of PrivatBank Engin Akchakocha.

“Network and staff will be less than today. Clients will be more than today. The yield will be much higher,” said Akchakocha.

The annual report of PrivatBanka says that in early 2017 he had 30 branches and offices 2445.

According to the national Bank of Ukraine, the number of structural units of PrivatBank in the past year increased from 2240 to 2243.

See also:

The new Chairman of the Board of “PrivatBank” has appointed a foreigner

We will remind, “PrivatBank” works in the Ukrainian market since 1992 and is the largest Bank in terms of assets.

The Cabinet 18 December 2016 decided to nationalize the Bankin line with the recommendations of the Council of national security and defence, on the proposal of the NBU.

For the capitalization of “PrivatBank”, the government issued sovereign bonds for 117 billion, while securities 25.8 billion UAH, the national Bank bought in late December of 2016, more by 1.4 billion UAH in January of this year.

In June 2017, the Cabinet adopted a decision on recapitalization of the Bank by another 38.5 billion UAH, while in the first phase in the capital of the Bank was made sovereign bonds at UAH 22.5 billion.

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  • the Supervisory Board

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