The network of bank branches in Ukraine in the second quarter of this year decreased by 32 locations and as of the beginning of July numbered 4,934 units, the National Bank of Ukraine reported on its website.
According to its statistics, since the beginning of the year, 48 branches have been closed, and 113 over the year.
Crystalbank closed the most branches in the second quarter, six, reducing its network to 40.
Crystalbank and Oschadbank closed five branches each, but while the former now has only 35 branches, Oschadbank remains the leader in Ukraine with 1,147 branches.
Ukreximbank, Raiffeisen Bank, and PUMB closed four branches each, now having 39, 321, and 219 branches, respectively.
PrivatBank and TAScombank lost three branches each in April-June, reducing their networks to 1,102 and 91 locations, respectively.
As for banks that expanded their territorial presence, Akordbank once again became the leader: with nine new branches, it increased its network to 162 locations.
Asvio Bank opened two branches and now has 51 locations, while Grant Bank, BIZbank, and RVS Bank added one branch each.
According to the National Bank, at the beginning of July this year, the leaders in terms of the number of branches on the Ukrainian market were the state-owned Oschadbank (1,147 branches) and PrivatBank (1,102), followed by Raiffeisen Bank (321), PUMB (219), and Ukrsibbank (218 branches).
The second five were formed by the state-owned Ukrgasbank (211), A-Bank (198), Akordbank (162), the state-owned Sens Bank (137) and Credit Agricole Bank (125), while TAScombank (91) opened the second ten.
Eight state-controlled banks had a network of 2,655 branches, accounting for 53.8% of their total value as of mid-year.
