The network of branches of Ukrainian banks in the second quarter of 2019 decreased by 2.1%, or 180 offices, to 8,269, the National Bank of Ukraine (NBU) has reported. According to its data, the leaders in the number of closed branches in April-June of this year were Oschadbank with 102 offices, Prominvestbank with 31 offices, and PrivatBank with 26 branches.
For state-owned Oschadbank or PrivatBank this accounted for 3.9% and 1.3% of the entire network, while for Prominvestbank, controlled by Russia’s VEB, according to the quarterly results, the chain decreased by 2.3 times, to 24 branches.
In addition, the number of Ukrsotsbank branches fell by 23, this was due to its merger with Alfa-Bank, the number of branches of which increased by ten over the quarter. In total, their network comprised 270 branches in the middle of this year.
Among the banks that increased the number of branches in April-June, the leader is FUIB, which extended its network by six new outlets.
