Business news from Ukraine

Business news from Ukraine

PrivatBank has put “Dnipro-Arena” up for sale for third time, lowering price to 111.3 mln UAH

For the third time this month, PrivatBank has put the “Dnipro-Arena” stadium and training facility in Dnipro up for public auction on the “Prozorro.Sales” platform, lowering the starting price to 111.27 million UAH excluding VAT, the bank’s press service reported.

The auction is scheduled for October 27 in the format of a three-round English auction; the security deposit is 5.56 million UAH, or 5% of the starting price, and the minimum bid increment is 1.11 million UAH, or 1%.
The two previous auctions—on October 6 and 15—did not take place due to a lack of bids. In less than a month, the starting price of the complex has dropped by 29.44 million UAH, or 20.9%.

The lot includes a stadium with a total area of 15,950 square meters, a training facility complex with an area of 13,060 square meters, and a separate indoor soccer field with an area of 7,470 square meters.
“Dnipro Arena” has a capacity of 31,000 spectators, a VIP box with 296 seats, and a restaurant with 550 seats. The 105×68-meter soccer field is equipped with heating and automatic irrigation systems, as well as artificial lighting.

The training complex includes four natural-turf fields, three outdoor fields with artificial turf, an indoor field with stands seating 506 people, a cottage village, a dormitory, a medical and rehabilitation center, a swimming pool, and a gym.
The land plots on which the facilities are located are municipally owned. PrivatBank uses some of them under lease agreements; for one plot, the right of use is currently being formalized.

The transfer of the property to the buyer is scheduled to take place after receiving approval from the Antimonopoly Committee of Ukraine for the concentration or a conclusion that such approval is not required, and after full payment for the property has been made.
Persons subject to sanctions, associated with jurisdictions posing an unacceptably high risk, or involved in corruption offenses, terrorist financing, or money laundering are not permitted to participate in the auction.

Restrictions also apply to companies with opaque ownership structures in offshore jurisdictions, as well as to individuals affiliated with oligarchs, former executives, or owners of PrivatBank.
PrivatBank is Ukraine’s largest bank. According to the National Bank, the financial institution’s total assets as of September 1, 2026, amounted to 983.82 billion UAH (22.8% of the total).

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PrivatBank Has Listed “Dnipro-Arena” for Sale Again for 140.7 mln UAH

PrivatBank has listed the “Dnipro-Arena” stadium and a training facility in Dnipro for an open auction on the “Prozorro.Sales” platform with a starting price of 140.7 million UAH, excluding VAT, the financial institution’s press service reported.

The auction will take place on October 6 in a three-round English auction format. The security deposit is 7.04 million UAH.
The lot includes a stadium with a total area of 15,950 square meters, a training complex covering 13,060 square meters, and a separate indoor soccer field measuring 7,470 square meters.

“Dnipro Arena” has a capacity of approximately 31,000 spectators, a VIP box with 296 seats, a restaurant with 550 seats, a 105×68-meter soccer field with underfloor heating and automatic irrigation, and parking lots for buses and cars.
The training complex includes four natural-turf fields, three outdoor fields with artificial turf, an indoor field with stands seating 506 people, a cottage village, a dormitory, a medical and rehabilitation center, a swimming pool, a gym, and other infrastructure.

The land plots on which the facilities are located are municipally owned; PrivatBank uses some of them under lease agreements, and the right to use one plot is currently being formalized.
The transfer of the property to the buyer is contingent upon receiving approval from the Antimonopoly Committee of Ukraine (AMCU) for the concentration or a conclusion that such approval is not required, and upon full payment for the property.

Persons subject to sanctions, associated with jurisdictions posing an unacceptably high risk, or involved in corruption offenses, terrorist financing, or money laundering are not permitted to participate in the auction.
Restrictions also apply to companies with opaque ownership structures in offshore jurisdictions, as well as individuals affiliated with oligarchs, former executives, or owners of PrivatBank.

As previously reported, PrivatBank last attempted to sell this complex in the fall of 2025, but the auction scheduled for October 30 did not take place due to a lack of bids. The starting price was 150 million UAH.
After that, the bank tried to lease out “Dnipro-Arena” and the training facility, but the January 2026 auction also did not take place due to a lack of participants. The starting rent was 2.7 million UAH per month, including VAT.

PrivatBank is Ukraine’s largest bank. According to the National Bank, the financial institution’s total assets as of August 1, 2026, amounted to 979.31 billion UAH (22.7% of the total).

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Ukraine’s top 10 banks accounted for 88% of the banking system’s profit

Ukraine’s ten most profitable banks accounted for 47.68 billion hryvnias, or 88 per cent of the entire banking system’s net profit, in the first half of 2026, according to the Experts Club information and analysis centre, based on data from Opendatabot and NBU statistics published on 19 August.

The total net profit of 59 Ukrainian banks amounted to UAH 54.07 billion. The top 10 included three state-owned banks, five banks with foreign capital, and two banks with Ukrainian private capital.

The ranking was topped by PrivatBank with UAH 24.56 billion in net profit. Universal Bank, on whose platform monobank operates, ranked second with UAH 3.85 billion, while Raiffeisen Bank placed third with UAH 3.57 billion. They were followed by Oschadbank with UAH 3.38 billion, FUIB with UAH 3.12 billion, Ukreximbank with UAH 2.24 billion, OTP Bank with UAH 1.91 billion, Ukrsibbank with UAH 1.85 billion, Citibank with UAH 1.68 billion, and Credit Agricole Bank with UAH 1.53 billion.

At the same time, Universal Bank became one of the few leaders to significantly improve its result: its profit increased from UAH 2.41 billion in the first half of 2025 to UAH 3.85 billion in 2026. PrivatBank, Oschadbank, Raiffeisen Bank, FUIB, Ukreximbank, and most other top-10 banks posted lower net results, largely due to the increased tax burden.

Thus, the Ukrainian banking market remains highly concentrated in terms of profit: nearly nine out of every ten hryvnias of the sector’s net financial result were earned by just ten institutions.

The primary source is Opendatabot, dated August 19, 2026, with calculations based on data from the National Bank of Ukraine.

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Number of bank branches in Ukraine has fallen to 4,754

The network of branches of Ukrainian banks decreased by 38 branches in the second quarter of this year, following a reduction of 23 branches in the first quarter, and now stands at 4,754 branches, according to statistics from the National Bank of Ukraine (NBU).

According to the data, Oschadbank closed the most branches in the second quarter—10—reducing its network to 1,115, though it retained its lead in terms of total number of branches.
Due to the liquidation of Motor-Bank, all six of its branches ceased operations in the second quarter.

PrivatBank and Ukreximbank each closed five branches, bringing the networks of these state-owned banks to 1,050 and 18 branches, respectively.
From April through June, TAScombank (83 branches) and Kominbank (39) each closed three branches, while Ukrsibbank (214), Bank Credit Dnipro (31), and Oksi Bank (9) each closed two.

During the second quarter, Raiffeisen Bank (282), A-Bank (196), Poltava-Bank (70), Globus Bank (32), Radabank (32), Alliance Bank (30), Ukrainian Capital Bank (14), and the European Industrial Bank (6).
At the same time, Accordbank (177) opened five new branches, MTB Bank (47) opened two, and PUMB (220) opened one.

According to the National Bank, as of early July of this year, the largest branch networks in Ukraine were operated by the state-owned Oschadbank (1,115) and PrivatBank (1,050). They were followed, by a significant margin, by Raiffeisen Bank (282), PUMB (220), and Ukrsibbank (214).
The top five by number of branches also included Ukrgasbank (206), A-Bank (196), Akordbank (177), Sens Bank (137), and Credit Agricole Bank (124).

As of early July, the five banks with state ownership maintained a network of 2,526 branches, accounting for 53.1% of the total number of branches.

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PrivatBank and Limagrain Launch Financing Programs for Farmers

State-owned PrivatBank and Limagrain, one of the world’s largest seed companies, have launched two partnership financing programs for agricultural producers ahead of the fall planting season, the bank’s press service reported.

“We are expanding financing options and offering farmers new tools that are more effective and convenient, given the specific nature of agricultural production,” the press service quoted Mykhailo Kovalov, head of PrivatBank’s Department of Documentary Operations and Trade Finance, as saying.
According to the announcement, farmers can take advantage of a working capital financing program to purchase seeds and a promissory note program, which allows for flexible payment planning and optimizes the financial burden on the farm.

The bank noted that both programs offer preferential financing terms as well as a simplified application process.
For more details on the loan terms, please contact Limagrain Ukraine managers or visit your nearest PrivatBank branch.

Limagrain—a seed company founded by farmers in France over 50 years ago—ranks fourth in the global seed industry. The company has been operating in Ukraine since 2008. The main crops it breeds include corn, sunflower, rapeseed, spring and winter wheat, and spring and winter barley (for feed and brewing). The company’s global network of branches spans 56 countries. Each year, the company invests approximately 14% of its revenue in research.

PrivatBank is Ukraine’s largest bank. According to the National Bank, the financial institution’s total assets as of June 1, 2026, amounted to 965.11 billion UAH (22.7% of the total).
The state-owned bank noted that, according to regular Brand Health Tracking surveys for the first quarter of 2026, the level of trust in it is higher than that of other financial institutions on the market and stands at 49%. The bank attributes this to the availability of accessible, personalized, and digitized products for its customers.

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PrivatBank has launched a media campaign titled “Do Something—Something Will Happen”

State-owned PrivatBank has launched a large-scale media campaign titled “Do Something—Something Will Happen,” which will cover key communication channels, including radio, outdoor advertising, digital video platforms, social media—Instagram, TikTok, and Facebook—and banner networks, according to a statement posted Tuesday on the website of Ukraine’s largest financial institution.
“Our research and surveys show that during wartime, there’s no time to put things off until later; instead, we must live life to the fullest here and now, without waiting for a better time,” the release quotes Mikael Björkner, the bank’s chairman of the board, as saying.
“Whether it’s starting a business, raising a family, buying your first home, or spending more time with loved ones—we’re there for our customers through all these important moments,” he added.
It is noted that to launch the new branding campaign, PrivatBank created a music video featuring the artist thekomakoma, who is currently serving in the Armed Forces of Ukraine. The campaign’s ambassadors include Amil and Ramil from Kurgan&Agregat, veteran Rusya Danilkina, representatives of the Ukrainian business community—Marchuk Khlib and Nick.sense—as well as the bank’s clients who are developing their own projects, running businesses, pursuing creative endeavors, or transforming the country, each in their own way.
The press release does not include information on the campaign’s cost.
PrivatBank is Ukraine’s largest bank. According to the National Bank, the financial institution’s total assets as of June 1, 2026, amounted to 965.11 billion UAH (22.7% of the total).
The state-owned bank noted that, according to regular Brand Health Tracking surveys for the first quarter of 2026, the level of trust in it is higher than that of other financial institutions on the market and stands at 49%. The bank attributes this to the availability of accessible, personalized, and digitized products for its customers.

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