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Friday, July 20, 2018

Pravex-Bank opens new branches in three Ukrainian towns

Pravex-Bank, a private commercial bank based in the Ukrainian capital of Kiev, recently opened new branches in the Ukrainian towns of Simferopol, Lugansk and Vinnitsa.

With the openings, Pravex-Bank has added to the branches it opened last year in the towns of Donetsk, Lviv, Odesa and Kharkiv.

"The opening of representative offices in these towns is significantly extending the all-Ukrainian network of banks. As of today, it embraces 8 towns, including Kyiv," Taras Kyrychenko, the chairman of the management board of Pravex-Bank, said.

Founded by Leonid Chernovetsky, Pravex-Bank was licensed by the National Bank of Ukraine in 1992. It is ranked the eighth largest bank in terms of the size of retail loan portfolio by Ukraine's central bank.