PrivatBank launches joint project with Viber

PrivatBank launched a joint project with Viber. The service will accept payments for services service Viber Out * – calls to mobiles and landlines using one of the country’s most popular instant messengers. Users will be able to deposit Viber Out with only two clicks in Privat24. In addition, transfers will be made through the card or in cash at the self-service terminals Privatbank.

“Localization of paid services of the popular messenger will allow Ukrainian Viber users to be connected in any situation both at home and abroad, “said the deputy chairman of the board Privat, Alexander Knight. “Today we can directly fill Viber Out account Privat24, and soon will be available additional opportunities in this direction. ”

“We are pleased to provide Ukrainian users Viber additional services and we hope that through such partnerships with leading players in the market, our audience in Ukraine – and now it is more than 14 million people will continue to grow”, said Viber head of the Russia and CIS Evgeny Roshupkin.

* Viber Out is a service that allows users to Viber call any phone numbers at low rates. With its help you can call fixed and mobile phones, even if they are not installed Viber application. Viber Out is only available on Viber for PC, Viber for Windows 8, iPhone, Android and Windows Phone 8. Calls and messages between Viber users – absolutely free.

About Viber

Viber Company is a leading service to exchange text, voice and video, which is used to connect people around the world. Is free.Users can send free text messages, funny stickers, photos, videos and doodles, share location, make free calls in HD-quality, and communicate using the Push-To-Talk. With Viber Out, users can make cheap calls to any number around the world. Viber application is available for smartphones and tablets platforms on iPhone®, Android ™, Windows Phone, BlackBerry®, Blackberry10® and computers running on Windows®, Windows 8®, Mac, Linux and Symbian, it runs over mobile networks 3G / 4G or Wi -Fi. With more than 711 million unique users in 193 countries, Viber is constantly evolving, adapting to new platforms and adding cool features, such as Public-chat. Viber is included in the Rakuten group.

PrivatBank launches money transfers via Telegram in only a couple of clicks

PrivatBank launched @Paypbbot for Telegram that helps users of the popular messenger to send and receive money in one click. To send or request a money transfer using the bot you just need to type @Paypbbot and write the payment amount in the chat with your friend (watch the video).

“To send money via Telegram is a remarkably easy and convenient way to transfer money, – says Mykhailo Rogalskyi, PrivatBank Head of Payments and Transfers. – The first bots were launched in our Sender messenger; today we integrated them with Telegram. Easy one-click money transfers will become available in the most popular communication platforms soon”.

PrivatBank is the first Ukrainian bank that launched a money transfer service in a messenger. To send or receive money via Telegram you just need to register in @Paypbbot, confirm the phone number, specify the last 4 digits of a plastic card that will be used to send or receive money and confirm the choice of the card by entering the SMS-password from the bank.

The bot-service of transfers is available to all holders of PrivatBank plastic cards. Money can be sent only in local currency (Ukrainian hryvnia).

Consolidated profit of PrivatBank for 2015 totaled UAH 275 mln

According to PrivatBank’s audited consolidated annual report published on the bank’s website, the consolidated profit of PrivatBank for 2015 grew by 11.4% compared to 2014 and totaled UAH 275 mln.

As per the financial statements prepared under International Financial Reporting Standards and audited by PricewaterhouseCoopers (PwC), one of the world’s leading auditing companies, the capital of PrivatBank Group as of the end of 2015 amounts UAH 29,045 mln, and assets total UAH 247,934 mln. The bank’s capital adequacy ratio (CAR) according to Basel requirements improved from 13.7% up to 14.9% in 2015 and PrivatBank’s CAR according to the regulatory requirements of the National Bank of Ukraine was 11% (with the mandatory minimum of 10%).

PrivatBank is the leader of the Ukrainian market. According to the GFK Ukraine research of banking services for individuals, as of the end of 4Q2015 48.4% of customers of Ukrainian banks used PrivatBank services and more than every third Ukrainian (39.3% of respondents) considered PrivatBank their major bank. The research showed 42.6% of Ukrainian corporates use the services of PrivatBank.

PrivatBank supports e-commerce forum in Berlin

PrivatBank will be the information partner of the first Ukrainian-European e-commerce market forum scheduled on 1 September, 2016 in Berlin.

According to the forum’s organisers, including BGA (The Federation of German Wholesale, Foreign Trade and Services) and BVMW (The German Association for Small and Medium-sized Businesses), since the beginning of 2016 German and European markets with more than 500 mln customers have been opened for Ukrainian enterprises in line with the Deep and Comprehensive Free Trade Agreement (DCFTA).

According to European experts’ view, the most significant growth occurs in bilateral cross-border trading and e-commerce, providing huge opportunities for Ukrainian enterprises and private entrepreneurs in the service industry. Markets and online stores are the optimal way for fast and easy selling of goods to German customers. The annual trade turnover between Ukraine and Germany currently totals EUR 5 bln.

PrivatBank wins international payment processing award from Commerzbank

PrivatBank won the 2015 prestigious annual banking award for international payments from Commerzbank AG. The award, presented by the Head of Commerzbank AG Peter Kozlinksyi, recognises PrivatBank for its SWIFT-payment services and professionalism of bank staff to exceed the highest international standards in straight through processing.

PrivatBank has won this award for the last ten years standing.

Commerzbank AG is Germany’s second largest bank and among the top 50 in terms of assets globally.

Read more at PrivatBank.

PrivatBank named best Ukrainian bank at 2015 European Banking Awards

PrivatBank wins Europe Bank Award PrivatBankNews

PrivatBank was named the best Ukrainian bank in the 2015 European Banking Awards. The awards are published annually by British EMEA Finance magazine.

“We proudly announce the best banks of Central and Eastern Europe, for their accomplishments despite the very challenging yet rewarding year for the region’s banking system,” according to the magazine’s release. “Editorial experts recognised the best financial institutions among retail and investment banks as well as asset managers, brokers and consultancies.”

This is yet another big award for PrivatBank. Back in February 2016, PrivatBank won the “best deal” of Eastern Europe for its agreement to extension of Eurobond maturities with private foreign investors. The refinancing deal was recognised as the absolute winner among all similar transactions across Europe.

Read more at PrivatBank.

PrivatBank tentatively sees 4.8-fold rise in profit in 2015

PrivatBank, the largest commercial bank in Ukraine, saw a 4.8-fold profit rise in 2015 to UAH 230 million, according to audited data.

Total assets for PrivatBank increased by 21.6 percent in 2015 to UAH 258.686 billion. Cash more than doubled to UAH 29.631 billion; non-current liabilities increased by 29.5 percent to UAH 159.5 billion; and current liabilities by 27.8 percent to UAH 58.625 billion.

PrivatBank‘s net worth increased 12.9 percent to UAH 27.656 billion, including a 17.4 percent increase of charter capital to UAH 21.257 billion.

PrivatBank decreased the number of employees by 2,983 to 20,936 people over the last year.

PrivatBank is holding a general meeting of its shareholders later in April.

PrivatBank was founded in 1992. Its largest
shareholders were Hennadiy Boholiubov and Ihor Kolomoisky as of January 1, 2016. The bank ranked first among the 123 operating banks in the country as of October 1, 2015, in terms of total assets worth UAH 241.809 billion, according to the National Bank of Ukraine.

Privat24 is the most popular Samsung Galaxy Gear App

Privat24, PrivatBank‘s revolutionary electronic payment system, has become the most popular application for Samsung’s Galaxy Gear S2 smart watch among Ukrainian users, according to Samsung Electronics.

The Privat24 app allows any Samsung smart watch user to make contactless payments for purchases in retail stores in Ukraine as well as all over the world.

The contactless payments is a hassle-free option which allows users to simply show the watch display to a card reader when making purchases rather than exchange cash or swipe a card. The user’s bank information, already stored in the app, is then charged.

Privat24 contactless payments via smart watches are available for use in over 55,000 outlets with MasterCard and PayPass in Ukraine, including on the subway and express tramway stations in Kiev.

There are five other applications from Ukrainian developers in the top twelve for the smart watch including a foreign exchange rate guide, ATM locator, taxi ordering service, patriotic skins, and UA Life.

Find out more at Privat24.


PrivatBank launches online marketplace platform PrivatMarket

PrivatBank, the largest commercial bank in Ukraine, has launched its own online platform called PrivatMarket. The platform is aimed at bringing buyers and suppliers together for both private and business clients of PrivatBank.

PrivatMarket, now live, offers buyers “the largest directory of companies in Ukraine” where they can publish tenders, requests, and read reviews about potential suppliers. Sellers can post information about their company, products and services, and participate in tenders and applications.

In November of last year, PrivatBank partnered with the public procurement system ProZorro for client tenders. “All tenders that will be held via ProZorro will be available for clients of [PrivatBank] via Privat24 and PrivatMarket,” said deputy board chairman and Chief Information Officer Dmytro Dubilet.

PrivatMarket enters the market as a strong competitor to existing online marketplaces but Dubilet is confident they stand apart. “To some extent we are going to compete with them. On the other hand, our service is easier to use and we have a serious integration with our banking services and our mobile payments app Privat24,” said Dubilet.

PrivatBank PrivatMarket Privat24 News Dmytro Dubilet CIO Deputy Board Chairman

PrivatBank is the best settlement bank in Ukraine

PrivatBank, the largest commercial bank in Ukraine, has recently made large strides to make itself the best settlement bank in Ukraine – and it’s working.

Figures in 2015 estimated PrivatBank had over 19,613 ATMs, 12,243 self-servicing terminals and 2,625 outlets in Ukraine to help serve its customers. PrivatBank has issued over 30 million plastic cards and an estimated 4.6 million users use Privat24, its groundbreaking electronic payment platform.

In 2015, PrivatBank was given the “Elite Quality Recognition Award,” making it one of the best banks for international payment quality in the international community . PrivatBank combines its experience as a Digital Bank and an IT Company to give the best service possible to it’s clients.

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