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New Branches Opened by Piraeus Bank in Kyiv
05 May 2011

Piraeus Bank ICB incorporated in the international bank group Piraeus Bank Group is implementing the programme for introducing the European standards of constructing the branches applied by the Group in all the countries where it is represented.

The programme provides for opening new, modern, convenient and standardized front offices, which would comply with the Group's corporate requirements to ergonomics and decoration. So, two more such branches opened in Kyiv at 132 Chervonoarmiys'ka Str. and 13 Myru Ave.

The branches work from 9:00 till 18:00, without a break and render a wide range of bank services to individuals and legal entities. Besides, each office has 24 H ATMs where the cash may be withdrawn.

Note. Piraeus Bank S.A. is one of the major banking institutions of the Southern and Eastern Europe with the assets totalling to  52.86 bln (as of 01.10.2008). Established in 1916, Piraeus Bank today has a regional network of more than 860 branches and offices in Greece, Ukraine, Romania, Bulgaria, Egypt, Albania, Serbia, Cyprus, as well as in the world financial centres – New York and London. Over 14 000 professionals work for Piraeus Bank Group.

JSC "Piraeus Bank ICB" is a legal successor of International Commercial Bank Open Joint Stock Company. On 13th of September 2007 Piraeus Bank S.A. announced of the completion of the process of acquiring 99,6% of share capital of International Commercial Bank.

The regional network of Piraeus Bank covers 13 regions of Ukraine. As of 01.11.2008, the bank's net assets amount to 2 346 mln.UAH, deposits of individuals total to over 312 mln.UAH, the loan and investment portfolio amounts to 1 995 mln. UAH, the bank's equity amounts to 62.8 mln. EUR, and the financial result is 20.2 mln. UAH.

Piraeus Bank ICB is a member of the Association of Ukrainian Banks (AUB) and a participant of the Fund of Guaranteeing the Deposits of Individuals.