Ukrainian bank entered CEE’s top-10 banks

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According to the British economic publication Euromoney

Ukrainian bank entered CEE’s top-10 banks. Photo: privatbank.ua

The British magazine Euromoney incorporated state-owned PrivatBank into the TOP-10 banks in Central and Eastern Europe in 2020. Financial institution was included in the list Best banks in the region, Received “CEE’s Best Bank Transformation” (Best Bank Transformation) nomination.

According to the experts of the economic publication, after its nationalization the high profit and efficient functioning of state-owned Privetbank became the most important result of the year’s banking transformation in the market of Central and Eastern Europe.

The Euromoney publication says, “Prewankbank’s transformation is even more impressive, given that it happened against the backdrop of constant pressure on the bank and management from its owners.”

According to the financial institution’s press service, PrivatBank became the first Ukrainian financial institution to be included in the “Euromoney Awards for Excellence” and one of the few local banks to be rated among the best banks in the entire region, with major European and American banking groups regional The rating included.

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Earlier we wrote that the SME Banking Club Association published the TOP-20 Internet Banking for Businesses in the Business Online Banking 2020 sector. By the end of 2019, Privat24 Business and My Business Online Alpha Se- Bank Ukraine.

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