Business news from Ukraine


19 October , 2020  

Ukrainian banks in July-September 2020 closed 251 structural divisions, as of October 1 their regional network consisted of 7,329 branches.
According to data posted on the website of the National Bank of Ukraine (NBU), in the third quarter, Oschadbank ceased the operation of 166 branches (reducing their number to 1,931), PrivatBank some 83 (to 1,750), TAScombank 11 (to 87), Kredobank five (to 83).
In addition, Ukrbudinvestbank (to 47) and UkrSibbank (to 278) closed four branches in the last quarter, the regulator noted.
It is also indicated that in July-September this year, state-owned Ukrgasbank opened 21 offices, expanding its regional network to 269 branches, A-Bank opened five branches (to 235) and Megabank (to 153) and IBOX Bank (to 42) opened three branches each.
According to the National Bank, as of October 1 Oschadbank remains the leader in terms of the number of branches (1,931), PrivatBank ranks second (to 1,750), Raiffeisen Bank Aval ranks third (456), UkrSibbank is in the fourth place (278) and Ukrgasbank is fifth (269).