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22.07.2009

Platinum Bank Has Come Back to its Precrisis Period of Loan money disbursed to the Client by the Bank for a certain period and on terms as specified in the agreement. Loan Portfolio Quality



Platinum Bank says that it has come back to its precrisis period of mortgage loan money disbursed to the Client by the Bank for a certain period and on terms as specified in the agreement. Loan portfolio quality. It was March 2009 that became the peak period for delinquencies for mortgage loans this being caused by acute fluctuation in the rate of exchange. Thanks to work-out tools developed in December 2008, the delinquency indicator (30+ days) for Q2’2009 improved by 61% as compared with Q1and came back to the precrisis period level.

For more detail, see press-release.



 

For Your Reference:
Platinum Bank is one of the biggest players in the national banking system. It belongs to the 1st Group of Banks according to the rating of the National Bank of Ukraine (over 0.5% of assets of the Banking System of Ukraine). Its regional network includes 69 branches and 1080 points of sales in various regions of Ukraine.
One of the top strategic priorities of Platinum Bank is transactional business. In 2016 Platinum Bank became one of the leaders in crediting for individuals among Ukrainian banks. It is also one of the annual leaders on the market in consumer credit segment.
Also, Platinum Bank is actively working on its Digital Bank project. Among others, it actively develops its pay.ptclick.com.ua platform and Platinum Lab – a lab of financial innovations.
At the same time Platinum Bank actively engages more and more corporate clients, first and foremost in distribution and IT business.
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