Platinum Bank completed the acquisition of Home Credit Bank (Ukraine)
Platinum Bank and Home Credit B. V. announce that the acquisition of PJSC “Home Credit Bank” (Ukraine) from Home Credit B.V. has been closed. All regulatory approvals from the National Bank of Ukraine and the Ukrainian antimonopoly office had been received.
Through this transaction Platinum Bank continues to pursue the development of its retail and SME businesses in Ukraine. Platinum Bank currently provides its services to more than 500,000 clients throughout Ukraine and after a process of integration Home Credit’s Ukrainian operations will be incorporated into Platinum Bank.
Platinum Bank will offer Home Credit’s retail clients a broad range of products and services as well as an extensive, high quality branch network. After the integration process, all retail services will be provided under the brand of Platinum Bank while the Home Credit brand will withdraw from the Ukrainian market.
More details in the press-release.