Piraeus Bank in Ukraine launches a special offer for legal entities and individual entrepreneurs that will implement bank’s salary project from September, 1 to December, 29, 2012. According to the offer’s terms, a legal entity or individual entrepreneur who wants to be serviced under the salary project on the tariff of account "Salary 3” can get the following discounts when arranging the salary project:

• Сompany gets 50% discount on fee for fund transfer on salary accounts of employees till 28.02.2013. Fee for fund transfer on salary accounts of employees will be 0.4% of entry amount.
• Company can execute Visa Classic payment cards with chip for its employees for free till 28.02.2013.

After the expiration of the offer’s duration (valid till 28.02.2013) the company will be served under the standard tariff of account "Salary 3’’.

"Salary projects in Piraeus Bank in Ukraine help companies to simplify the process of paying salary to their employees as far as crediting of the employees’ accounts is made by using simple software provided by bank. Funds are available for using in only 15 minutes after receiving and checking the statements and the payment order, - Olena Gorlushko, Piraeus Bank in Ukraine supervisor of cards product unit, said. - In the frame of "Salary account-2" and "Salary account-3" the company’s employees can get either Visa Classic or Visa Gold payment cards equipped with a chip (with interest rate of 3% per annum accrued on the balance of account)."

Employees of companies that are serviced under Piraeus Bank salary projects can also use all the advantages of servicing in the Bank, for example, using the free internet banking system Winbank, which allows to make online payments and money transfers, and check the status of accounts quickly and easily, having only the access to the Internet. For the owners of mobile devices on Android and iOS platforms the mobile version of internet banking was developed - free application Winbank Mobile.

Olena Gorlushko, Piraeus bank in Ukraine supervisor of cards product unit "Salary projects in Piraeus Bank in Ukraine help companies to simplify the process of paying salary to their employees"

"In addition, employees of companies that have a salary card from Piraeus Bank in Ukraine can use an overdraft on their VISA payment card of up to 100% of their salary per month (minimum overdraft limit is UAH 1 000, maximum – UAH 20 000). One can use the credit funds on card in trade networks in non-cash payments, or when withdrawing cash from the ATMs. In addition, the cardholder can order SMS-informing and receive information about all transactions carried out with the card," Olena Gorlushko said.

Note. Piraeus Bank is one of the major banking institutions of Southern and Eastern Europe with assets of EUR 74 bln (after the absorption of the good part of the Agricultural Bank of Greece ATEbank as of 27.07.2012). Established in 1916, Piraeus Bank today is presented in 10 countries.
In Ukraine Piraeus Bank is established since 2007. The Bank is a member of Fund of Guaranteeing the Deposits of Individuals (license #25).

Net assets of Piraeus Bank in Ukraine amount to UAH 3.5 bln, share capital to UAH 1.628, regulatory capital to UAH 837 mln as of 01.06.2012.

Piraeus Bank has the highest rating of deposits reliability provided by “Credit-Rating” Agency (grade “5”; last update took place on 21.06.2012), that shows the bank's capacity to make payments on existing deposits timely and in full. The Bank has «uaA» long-term credit rating with the forecast “stable” provided by “Credit-Rating” (updated on 21.06.2012). This long-term rating belongs to the group of investment ratings that is one of the highest ratings given to banks operating on the Ukrainian market.

The Bank is a member of Association of Ukrainian Banks, Forum of Leading International Financial institutions (FLIFI), Fund of Guaranteeing the Deposits of Individuals. The Bank is also included in the list of banks authorized by the Pension Fund of Ukraine to make payments of pensions and financial assistance.

Piraeus Bank in Ukraine Press Service
Kateryna Kalynovska
cell: +38(067)688-62-14
e-mail: kkalynovska{at}piraeusbank.ua