Founded in 1993 Pivdennyi Bank is a strong regional player, the 10th largest Ukrainian Bank by total assets and 10th by gross loan portfolio and 10th largest in Ukraine by deposits
The Bank is one of the few Ukrainian banks that does not need additional capitalization based on the results of the diagnostic assessment conducted by international audit company Ernst & Young Audit Services LLC in accordance with the requirements set by the National Bank of Ukraine. The assessment has been envisaged by the International Stand-by Arrangement with the International Monetary Fund and the Financial Sector Support Project for Ukraine run by the World Bank.
The Bank remains profitable for six months 2015 despite the difficult situation in Ukrainian Financial Sector
Less than 1% of Bank assets are in Donetsk and Lugansk regions
The Bank has it’s head office in Odessa with 137 outlets in 18 regions of Ukraine, 252 ATMs and 3780 point-of-sale (POS) terminals. In 2015 the Bank opened new outlets in Cherkassy. The Bank also plans to open a new branch in Ternopol in 2015.
For optimization of the operational activities and within the process of implementation of new Automated Banking System “B2” branches of the Bank are reorganized to outlets. The new ABS “B2” will allow to improve customer services, and provide customers with the new innovative products.
In 2014 the Bank successfully implemented the technology «3D Secure», which increases the security of online payments
For the convenience of the customers the Bank has introduced new service “Internet Banking”
The Bank serves over 30 000 corporate and SME customers and over 400 000 individual customers
Pivdennyi Bank Group is comprised by Pivdennyi Bank in Ukraine, PB’s daughter bank Regional Investment Bank in Latvia with a representative offices in Ukraine, Belgium and Russian Federation
Pivdennyi has a proven track records with 4 debt capital market syndicated loans and debut Eurobond successfully repaid in August 2010 as well as a long history of bilateral projects
Pivdennyi Bank cooperates with KfW under SME financing program
In 2015 the Bank successfully repaid long-term loan in the amount of USD 20 MIO from Black Sea Trade and Development Bank
The Bank has the following credit ratings :
Credit Rating (Ukraine): uaA+
Moody’s Investors’ Service: LT Bank Deposits – Foreign Currency: ‘Ca’;
Fitch Ratings (International Rating Agency): Long-term IDR: ‘CCC’;
Small and Medium enterprises have traditionally been the main business line of the Bank
The Bank has an experienced and stable management team with over 2 500 employees