Share of remittances from abroad sent via Privat24 application of state-controlled bank PrivatBank amounted to 48% in January-August 2020 as compared for the same period in 2019, to 35%.
“Every second money transfer that Ukrainians received from abroad with the help of PrivatBank in 2020 was paid via Privat24 mobile bank,” stated PrivatBank’s press service.
According to the bank data, over the past year, the share of remittances received at the bank’s cash desks decreased by 1.3%, to 24%.
Since the beginning of 2020, the share of money transfers performed through PrivatBank stands at 54% of the total volume of remittances being 1.4% up as compared to 2019.
