Business news from Ukraine

UKRAINIANS RECEIVE $85 MLN WORTH OF TRANSFERS THROUGH PRIVATBANK, WESTERN UNION FROM UN WFP

16 June , 2022  

Ukrainians receive $85 mln worth of transfers through PrivatBank, Western Union from UN WFP

KYIV. June 16 (Interfax-Ukraine) – Ukrainians have received more than 600,000 transfers worth $85 million through the state-owned PrivatBank (Kyiv) and the Western Union international payment system from the UN World Food Program (WFP), the bank’s press service reported on Wednesday.

According to the report, 95% of transfers were received online to a PrivatBank card.

The press service recalled that in May, the UN WFF began disbursing cash assistance to internally displaced persons in Ukraine through Western Union. The amount of assistance is UAH 2,220 per person and up to UAH 6,660 per family.

According to the statistics of the National Bank of Ukraine, as of April 1, 2022, PrivatBank ranked first (UAH 592.38 billion) among 69 banks operating in the country in terms of total assets.

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